Plan Ledger DOL Form 5500 · updated monthly

Wholesale Supplies Plus, LLC401(k)

WHOLESALE SUPPLIES PLUS, LLC RETIREMENT PLAN · INDEPENDENCE, OH · plan year 2024

Reported admin expense ratio · 2024
1.08%

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

Wholesale Supplies Plus, LLC reported $38,017 in plan administrative expenses for 2024: 1.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,557 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 1.16% to 1.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,723rd of 3,295), and 11,837th of 13,661 in manufacturing. In 2024, employees put in $2.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,813,477
Participants with balances198
Active participants100
Employer contributions$155,654
Employee contributions$343,576
Employer contribution per active participant$1,557
Average account balance$19,260
Benefits paid to participants$283,977
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 198 accts · $156K emplr
2023$3.2M · 182 accts · $138K emplr
2022$2.3M · 168 accts · $123K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,242
Investment management$15,775
Total administrative$38,017
The Wholesale Supplies Plus, LLC 401(k) match · 2024
Employer contribution per active participant$1,557
Median for plans this size$1,313
2024$1,557 per active participant
2023$1,433 per active participant
2022$1,131 per active participant

Wholesale Supplies Plus, LLC's 2024 employer contribution ran above the $1,313 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 · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$22,242
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$15,775

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$38,017 · 1.08%
2023$31,918 · 1.16%
2022$28,181 · 1.16%
Similar plansManufacturing · Ohio
Alacriant Inc. OH$3.9M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431903627 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.