United Hardware Distributing Co.401(k)
UNITED HARDWARE DISTRIBUTING CO. 401(K) PLAN · MAPLE GROVE, MN · plan year 2022
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
United Hardware Distributing Co. reported $40,802 in plan administrative expenses for 2022: 0.19% of average plan assets, below the peer median. Employer contributions averaged $1,516 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 1 year on file its reported administrative ratio rose from 0.19% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is the 875th-largest of 1,918 plans among Minnesota employers on file, and the 1,843rd of 4,246 in wholesale trade. In 2022, employees put in $3.60 for every $1.00 the employer contributed.
United Hardware Distributing Co.'s 2022 employer contribution ran below the $2,266 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 410640978 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.