Plan Ledger DOL Form 5500 · updated monthly

Wholesale Supply Group, Inc.401(k)

WHOLESALE SUPPLY GROUP, INC. 401(K) PLAN · CLEVELAND, TN · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Wholesale Supply Group, Inc. reported $6,835 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $274 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 0.08% to 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Tennessee (945th of 1,496), and 3,318th of 4,246 in wholesale trade. In 2024, employees put in $3.46 for every $1.00 the employer contributed; active participation has grown from 151 to 180 since 2022.

Plan summary
Net assets, end of year$7,273,430
Participants with balances109
Active participants180
Employer contributions$49,406
Employee contributions$170,808
Employer contribution per active participant$274
Average account balance$66,729
Benefits paid to participants$283,808
Plan auditUnmodified (clean) audit opinion
AuditorJHM CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 109 accts · $49K emplr
2023$6.5M · 112 accts · $49K emplr
2022$5.6M · 112 accts · $45K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,835
Total administrative$6,835
The Wholesale Supply Group, Inc. 401(k) match · 2024
Employer contribution per active participant$274
Median for plans this size$1,313
2024$274 per active participant
2023$282 per active participant
2022$299 per active participant

Wholesale Supply Group, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
RAY M. DONOHOO · Consulting$23,388
EMPOWER ADVISORY GROUP, LLC · Investment management$6,835

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$6,835 · 0.10%
2023$5,672 · 0.09%
2022$4,403 · 0.08%
Same employer
Similar plansWholesale Trade · Tennessee
Mta Distributors, Inc. TN$8.9M · 0.29%
The Reese Group, Inc. TN$8.6M · 0.36%
Mfg Chemical LLC TN$6.7M · 0.42%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 620981754 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.