Plan Ledger DOL Form 5500 · updated monthly

National Wholesale Supply, Inc.401(k)

NATIONAL WHOLESALE 401(K) PLAN · DALLAS, TX · plan year 2023

Reported admin expense ratio · 2023
0.92%

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

National Wholesale Supply, Inc. reported $37,300 in plan administrative expenses for 2023: 0.92% of average plan assets, higher than ~75% of peers. Employer contributions averaged $849 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 1 year on file its reported administrative ratio rose from 0.87% to 0.92%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Texas (4,133rd of 5,688), and 3,673rd of 4,246 in wholesale trade. In 2023, employees put in $1.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,743,087
Participants with balances235
Active participants422
Employer contributions$358,357
Employee contributions$684,701
Employer contribution per active participant$849
Average account balance$20,183
Benefits paid to participants$279,675
Plan auditUnmodified (clean) audit opinion
AuditorKELLOGG AND KELLOGG PC
Plan history2
Yearassets · accounts · employer contribution
2023$4.7M · 235 accts · $358K emplr
2022$3.3M · 237 accts · $290K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$37,300
Total administrative$37,300
The National Wholesale Supply, Inc. 401(k) match · 2023
Employer contribution per active participant$849
Median for plans this size$1,308
2023$849 per active participant
2022$761 per active participant

National Wholesale Supply, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$37,286
WELLS FARGO CLEARING SERVICES LLC · Investment advisory (plan)indirect comp

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

Administrative cost history2
2023$37,300 · 0.92%
2022$30,151 · 0.87%
Similar plansWholesale Trade · Texas
Reeder Distributors Inc. TX$4.9M · 0.61%
Jre Golf Cars, LLC TX$4.8M · 0.69%
Ofs International, LLC TX$4.7M · 0.07%
Medinc of Texas, Inc. TX$4.7M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820542282 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.