Plan Ledger DOL Form 5500 · updated monthly

Plumbers Supply Co.401(k)

PLUMBERS SUPPLY CO. 401(K) PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Plumbers Supply Co. reported $106,477 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,649 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 0.57% to 0.49%. 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 258th-largest of 871 plans among Kentucky employers on file, and the 1,651st of 4,246 in wholesale trade. In 2024, employees put in $3.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,608,897
Participants with balances324
Active participants331
Employer contributions$545,890
Employee contributions$1,746,781
Employer contribution per active participant$1,649
Average account balance$72,867
Benefits paid to participants$1,306,519
Plan auditUnmodified (clean) audit opinion
AuditorMATHER & CO., CPAS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$23.6M · 324 accts · $546K emplr
2023$19.7M · 294 accts · $567K emplr
2022$16.6M · 294 accts · $483K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,955
Investment management$60,522
Total administrative$106,477
The Plumbers Supply Co. 401(k) match · 2024
Employer contribution per active participant$1,649
Median for plans this size$2,416
2024$1,649 per active participant
2023$1,878 per active participant
2022$1,547 per active participant

Plumbers Supply Co.'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 · 20242
CERITY PARTNERS RETIREMENT PLAN · Investment advisory (plan)$57,814

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$106,477 · 0.49%
2023$100,041 · 0.55%
2022$103,119 · 0.57%
Same employer
Similar plansWholesale Trade · Kentucky
United Radio, Inc. KY$31.2M · 0.36%
Linak U.S. Inc KY$26.0M · 0.35%
Used-Car-Parts.com, Inc. KY$17.9M · 0.43%
Glantz Holdings, Inc. KY$15.1M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610310025 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.