Plan Ledger DOL Form 5500 · updated monthly

Partssource, Inc.401(k)

PARTSSOURCE 401(K) PLAN · AURORA, OH · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Partssource, Inc. reported $149,723 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,615 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 0.38% to 0.43%. 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 791st-largest of 3,295 plans among Ohio employers on file, and the 1,058th of 4,246 in wholesale trade. In 2024, employees put in $4.80 for every $1.00 the employer contributed; active participation has grown from 345 to 521 since 2022.

Plan summary
Net assets, end of year$39,031,745
Participants with balances672
Active participants521
Employer contributions$841,405
Employee contributions$4,035,818
Employer contribution per active participant$1,615
Average account balance$58,083
Benefits paid to participants$2,115,797
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.0M · 672 accts · $841K emplr
2023$30.2M · 601 accts · $764K emplr
2022$16.8M · 420 accts · $523K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,914
Investment management$57,964
Audit (IQPA)$10,000
Total administrative$149,723
The Partssource, Inc. 401(k) match · 2024
Employer contribution per active participant$1,615
Median for plans this size$2,416
2024$1,615 per active participant
2023$1,676 per active participant
2022$1,516 per active participant

Partssource, 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$69,914
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$57,964
REA & ASSOCIATES · Consulting$10,345
SIKICH CPA LLC · Accounting / audit · Consulting$10,000

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$149,723 · 0.43%
2023$99,972 · 0.43%
2022$67,653 · 0.38%
Same employer
Similar plansWholesale Trade · Ohio
Truland Equipment, LLC OH$44.7M · 0.48%
Famous Enterprises, Inc. OH$44.6M · 0.53%
Totes Isotoner Corporation OH$39.2M · 0.08%
Midwest Tape, LLC OH$38.9M · 0.42%
Barentz North America, LLC OH$38.3M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341945164 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.