Plan Snapshot
- Plan Sponsor: Msc Industrial Direct Co., INC.
- Sponsor EIN: 113289165
- Sponsor Address: 515 BROADHOLLOW ROAD, SUITE 1000, MELVILLE, NY, 11747
- Plan Type: 401(k)
- Total Participants: 6,667
- Total Assets: $708.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 6,667 | $708.9M | $9.8M | $31.8M |
| 2023 | 6,722 | $639.3M | $9.8M | $31.6M |
| 2022 | 6,488 | $539.8M | $9.3M | $29.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| T ROWE PRICE RPS INC | NONE | $324,680 | — | $324,680 |
| ERNST & YOUNG LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ERNST & YOUNG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $324,680
- Estimated Expense Ratio: 0.046% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $324,115 | — | — | — | — |
| 2023 | $315,638 | — | — | — | — |
| 2022 | $316,541 | — | $1,200 | — | — |