Plan Ledger DOL Form 5500 · updated monthly

North Shore Supply Company Inc.401(k)

NORTH SHORE SUPPLY COMPANY EMPLOYEES 401K PROFIT SHARING PLAN & TRUST · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

North Shore Supply Company Inc. reported $2,831 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,348 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 rose from 0.016% to 0.018%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,237th-largest of 5,688 plans among Texas employers on file, and 2,150th of 4,246 in wholesale trade. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has shrunk from 499 to 407 since 2022.

Plan summary
Net assets, end of year$17,092,337
Participants with balances249
Active participants407
Employer contributions$548,566
Employee contributions$912,619
Employer contribution per active participant$1,348
Average account balance$68,644
Benefits paid to participants$894,348
Plan auditUnmodified (clean) audit opinion
AuditorPITTSFORD SAMUELS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$17.1M · 249 accts · $549K emplr
2023$14.7M · 242 accts · $521K emplr
2022$12.7M · 239 accts · $476K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,831
Total administrative$2,831
The North Shore Supply Company Inc. 401(k) match · 2024
Employer contribution per active participant$1,348
Median for plans this size$2,416
2024$1,348 per active participant
2023$1,359 per active participant
2022$954 per active participant

North Shore Supply Company Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$2,831

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$2,831 · 0.02%
2023$1,000 · 0.01%
2022$2,134 · 0.02%
Same employer
Similar plansWholesale Trade · Texas
Jet Specialty, Inc. TX$17.5M · 0.24%
1155-55H Partners, LLC TX$17.5M · 0.08%
Intergulf Corporation TX$17.3M · 0.60%
J.L. Carr Enterprises, Inc. TX$17.1M · 0.12%
McRv, Inc. TX$16.4M · 0.43%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 741930304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.