Plan Ledger DOL Form 5500 · updated monthly

Quick Supply Company401(k)

QUICK SUPPLY COMPANY EMPLOYEES' 401(K) PLAN · DES MOINES, IA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Quick Supply Company reported $141,468 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $5,765 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 0.36% to 0.32%. 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 198th-largest of 878 plans among Iowa employers on file, and the 852nd of 4,246 in wholesale trade. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has grown from 274 to 368 since 2022.

Plan summary
Net assets, end of year$48,417,543
Participants with balances438
Active participants368
Employer contributions$2,121,682
Employee contributions$3,414,632
Employer contribution per active participant$5,765
Average account balance$110,542
Benefits paid to participants$2,723,370
Plan auditUnmodified (clean) audit opinion
AuditorMHCS P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$48.4M · 438 accts · $2.1M emplr
2023$39.3M · 372 accts · $1.7M emplr
2022$30.5M · 327 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,655
Investment management$77,813
Total administrative$141,468
The Quick Supply Company 401(k) match · 2024
Employer contribution per active participant$5,765
Median for plans this size$2,416
2024$5,765 per active participant
2023$5,590 per active participant
2022$5,596 per active participant

Quick Supply Company's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Participant communication$63,218
MONETA GROUP LLC · Investment advisory (plan)$77,813
CHARLES SCHWAB TRUST BANK · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

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

Administrative cost history3
2024$141,468 · 0.32%
2023$116,045 · 0.33%
2022$115,072 · 0.36%
Same employer
Similar plansWholesale Trade · Iowa
Echo Group, Inc. IA$62.4M · 0.45%
Tomy International, Inc. IA$54.5M · 0.34%
Plumb Supply Company IA$54.5M · 0.27%
Iowa 80 Group, Inc. IA$53.4M · 0.16%
Ifp Motion Solutions IA$46.8M · 0.20%
Bossard U.S. Holdings, Inc. IA$42.1M · 0.37%
Schimberg Co. IA$41.8M · 0.22%
Doll Distributing LLC IA$41.3M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420722975 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.