Plan Ledger DOL Form 5500 · updated monthly

Standard Electric Supply Co.401(k)

STANDARD ELECTRIC SUPPLY CO. 401(K) AND PROFIT SHARING PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Standard Electric Supply Co. reported $12,869 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,771 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 0.06% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 632nd-largest of 1,936 plans among Wisconsin employers on file, and the 1,519th of 5,337 in construction. In 2024, employees put in $3.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,246,760
Participants with balances239
Active participants190
Employer contributions$526,449
Employee contributions$1,616,305
Employer contribution per active participant$2,771
Average account balance$126,555
Benefits paid to participants$3,431,274
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.2M · 239 accts · $526K emplr
2023$26.9M · 247 accts · $598K emplr
2022$21.7M · 246 accts · $294K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,869
Total administrative$12,869
The Standard Electric Supply Co. 401(k) match · 2024
Employer contribution per active participant$2,771
Median for plans this size$2,416
2024$2,771 per active participant
2023$3,145 per active participant
2022$1,526 per active participant

Standard Electric Supply Co.'s 2024 employer contribution ran above 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$109,377

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$12,869 · 0.05%
2023$11,042 · 0.05%
2022$13,820 · 0.06%
Same employer
Similar plansConstruction · Wisconsin
Stevens Construction Corp. WI$36.3M · 0.17%
Equix Holdings, Inc. WI$33.0M · 0.21%
Vh Holdings, LLC WI$32.2M · 0.34%
Novum Holdings LLC WI$26.8M · 0.07%
Super Excavator, Inc. WI$26.8M · 0.19%
Northern Clearing Inc. WI$25.7M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390630070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.