Plan Ledger DOL Form 5500 · updated monthly

Arnold Lumber Company, Inc.401(k)

ARNOLD LUMBER COMPANY 401(K) EMPLOYEE SAVINGS PLAN · WEST KINGSTON, RI · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Arnold Lumber Company, Inc. reported $49,613 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $772 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 0.39% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Rhode Island (149th of 286), and 2,367th of 4,246 in wholesale trade. In 2024, employees put in $5.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,970,107
Participants with balances162
Active participants203
Employer contributions$156,746
Employee contributions$906,794
Employer contribution per active participant$772
Average account balance$92,408
Benefits paid to participants$544,661
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 162 accts · $157K emplr
2023$12.4M · 162 accts · $161K emplr
2022$11.2M · 169 accts · $131K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,950
Investment management$6,663
Total administrative$49,613
The Arnold Lumber Company, Inc. 401(k) match · 2024
Employer contribution per active participant$772
Median for plans this size$2,416
2024$772 per active participant
2023$807 per active participant
2022$614 per active participant

Arnold Lumber Company, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20244
LEAFHOUSE FINANCIAL ADVISORS, LLC$6,663
LINCOLN FINANCIAL SECURITIESindirect comp
LINSCO/PRIVATE LEDGER CORPindirect comp

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$49,613 · 0.36%
2023$55,779 · 0.47%
2022$47,787 · 0.39%
Same employer
Similar plansWholesale Trade · Rhode Island
Pet Food Experts, Inc. RI$26.0M · 0.68%
Momentum Pictures LLC. RI$21.6M · 0.63%
Numark International, Inc RI$18.6M · 0.09%
Uncas International, LLC RI$10.5M · 0.05%
Centrex Distributors, LLC RI$9.5M · 0.01%
Neptune Trading Group RI$5.3M · 1.05%
High Purity New England RI$489K · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050365474 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.