Plan Ledger DOL Form 5500 · updated monthly

Young Supply Company401(k)

YOUNG SUPPLY COMPANY 401(K) PLAN AND TRUST · CHESTERFIELD TWP, MI · plan year 2023

Reported admin expense ratio · 2023
0.43%

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

Young Supply Company reported $93,284 in plan administrative expenses for 2023: 0.43% of average plan assets, above the peer median. Employer contributions averaged $977 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 has held roughly steady near 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 928th-largest of 2,619 plans among Michigan employers on file, and the 1,661st of 4,246 in wholesale trade. In 2023, employees put in $4.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,474,171
Participants with balances189
Active participants196
Employer contributions$191,479
Employee contributions$901,591
Employer contribution per active participant$977
Average account balance$124,202
Benefits paid to participants$1,240,133
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $147K emplr
2023$23.5M · 189 accts · $191K emplr
2022$20.3M · 172 accts · $173K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$93,284
Total administrative$93,284
The Young Supply Company 401(k) match · 2023
Employer contribution per active participant$977
Median for plans this size$2,440
2023$977 per active participant
2022$934 per active participant

Young Supply Company's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$89,476

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024Not separately reported
2023$93,284 · 0.43%
2022$96,067 · 0.42%
Same employer
Similar plansWholesale Trade · Michigan
Ewie Co., Inc. MI$24.5M · 1.10%
Heller Machine Tools, L.P. MI$23.7M · 0.15%
Fka Distributing Co., LLC MI$21.7M · 0.35%
Alpine Power Systems, Inc. MI$21.5M · 0.01%
H & P Technologies, Inc. MI$21.4M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381315726 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.