Plan Ledger DOL Form 5500 · updated monthly

Morsco Supply, LLC401(k)

MORSCO 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.06%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Morsco Supply, LLC reported $103,305 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,377 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.18% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 425th-largest of 5,688 plans among Texas employers on file, and the 260th of 4,246 in wholesale trade. In 2024, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$181,618,107
Participants with balances4,019
Active participants3,577
Employer contributions$8,501,560
Employee contributions$16,668,216
Employer contribution per active participant$2,377
Average account balance$45,190
Benefits paid to participants$26,863,191
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$181.6M · 4,019 accts · $8.5M emplr
2023$154.4M · 3,626 accts · $8.0M emplr
2022$121.2M · 44 accts · $7.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,467
Investment management$19,838
Total administrative$103,305
The Morsco Supply, LLC 401(k) match · 2024
Employer contribution per active participant$2,377
Median for plans this size$3,635
2024$2,377 per active participant
2023$2,553 per active participant
2022$2,053 per active participant

Morsco Supply, LLC's 2024 employer contribution ran below the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$83,467
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$19,838

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$103,305 · 0.06%
2023$54,536 · 0.04%
2022$233,197 · 0.18%
Similar plansWholesale Trade · Texas
Glazer's, Inc. TX$191.9M · 0.01%
Vitol Inc. TX$165.4M · 0.09%
Kubota Tractor Corp. TX$164.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752588495 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.