Plan Ledger DOL Form 5500 · updated monthly

Shuster's Builders Supplies, Inc.401(k)

SHUSTER'S EMPLOYEES' PROFIT SHARING AND 401(K) PLAN · NORTH HUNTINGDON, PA · plan year 2023

Reported admin expense ratio · 2023
0.39%

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

Shuster's Builders Supplies, Inc. reported $44,676 in plan administrative expenses for 2023: 0.39% of average plan assets, above the peer median. Employer contributions averaged $673 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 0.40% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Pennsylvania (2,149th of 3,651), and 2,730th of 4,246 in wholesale trade. In 2023, employees put in $5.85 for every $1.00 the employer contributed; active participation has shrunk from 90 to 80 since 2022.

Plan summary
Net assets, end of year$11,516,966
Participants with balances105
Active participants80
Employer contributions$53,871
Employee contributions$314,894
Employer contribution per active participant$673
Average account balance$109,685
Benefits paid to participants$1,436,695
Plan auditUnmodified (clean) audit opinion
AuditorR.D. HOAG & ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.5M · 99 accts · $48K emplr
2023$11.5M · 105 accts · $54K emplr
2022$11.3M · 109 accts · $66K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,578
Investment management$33,697
Trustee / custodial$5,401
Total administrative$44,676
The Shuster's Builders Supplies, Inc. 401(k) match · 2023
Employer contribution per active participant$673
Median for plans this size$2,440
2024$732 per active participant
2023$673 per active participant
2022$729 per active participant

Shuster's Builders Supplies, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
SCHNEIDER DOWNS RET. SOLUTIONS · Recordkeeping$5,578
SCHNEIDER DOWNS WEALTH MGMT ADV. · Investment advisory (participants) · Investment advisory (plan)$33,697
CHARLES SCHWAB TRUST COMPANY · Custodial (securities)$5,401

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

Recordkeeper by year2
2024SCHNEIDER DOWNS RET. SOLUTIONS
2023SCHNEIDER DOWNS RET. SOLUTIONS

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

Administrative cost history3
2024$46,703 · 0.42%
2023$44,676 · 0.39%
2022$49,027 · 0.40%
Same employer
Similar plansWholesale Trade · Pennsylvania
Rg Industries, Inc. PA$12.9M · 0.53%
C. H. Briggs Company PA$12.0M · 0.38%
Coen Oil Company, LLC PA$11.0M · 0.47%
Fisher and Thompson PA$11.0M · 0.13%
R F Fager Company PA$10.6M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251087252 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.