Plan Ledger DOL Form 5500 · updated monthly

Total Tool Supply, Inc.401(k)

TOTAL TOOL SUPPLY INC. 401(K) RETIREMENT PLAN · SAINT PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Total Tool Supply, Inc. reported $81,899 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,816 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 3 years on file its reported administrative ratio has held roughly steady near 0.48%. 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 931st-largest of 1,918 plans among Minnesota employers on file, and the 1,998th of 4,246 in wholesale trade. In 2024, employees put in $3.00 for every $1.00 the employer contributed; active participation has grown from 228 to 302 since 2022.

Plan summary
Net assets, end of year$18,819,757
Participants with balances334
Active participants302
Employer contributions$548,292
Employee contributions$1,643,549
Employer contribution per active participant$1,816
Average account balance$56,347
Benefits paid to participants$838,039
Plan auditUnmodified (clean) audit opinion
AuditorCOHNREZNIK LLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.8M · 334 accts · $548K emplr
2023$15.1M · 298 accts · $229K emplr
2022$12.9M · 269 accts · $201K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,103
Investment management$29,796
Total administrative$81,899
The Total Tool Supply, Inc. 401(k) match · 2024
Employer contribution per active participant$1,816
Median for plans this size$2,416
2024$1,816 per active participant
2023$862 per active participant
2022$879 per active participant

Total Tool Supply, 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 · 20243
CREATIVE PLANNING LLC · Investment advisory (plan)$22,177
EMPOWER ADVISORY GROUP, LLC · Investment management$7,618

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$81,899 · 0.48%
2023$68,214 · 0.49%
2022$63,553 · 0.46%
Same employer
Similar plansWholesale Trade · Minnesota
Mti Distributing Inc. MN$19.5M · 0.04%
Wheeler Consolidated, Inc. MN$18.9M · 0.28%
Nuway-K&H Cooperative MN$18.8M · 0.42%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 411292260 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.