Plan Ledger DOL Form 5500 · updated monthly

Ashby Lumber Company401(k)

ASHBY LUMBER COMPANY 401(K) PROFIT SHARING PLAN · BERKELEY, CA · plan year 2023

Reported admin expense ratio · 2023
0.46%

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

Ashby Lumber Company reported $72,798 in plan administrative expenses for 2023: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,204 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 0.45% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 4,014th-largest of 9,483 plans among California employers on file, and the 1,687th of 5,215 in retail trade. In 2023, the employer put in $1.99 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$17,276,131
Participants with balances163
Active participants143
Employer contributions$887,172
Employee contributions$446,419
Employer contribution per active participant$6,204
Average account balance$105,989
Benefits paid to participants$808,912
Plan auditUnmodified (clean) audit opinion
AuditorJOHANSON AND YAU ACCOUNTANCY CORP
Plan history3
Yearassets · accounts · employer contribution
2024$17.0M · 156 accts · $839K emplr
2023$17.3M · 163 accts · $887K emplr
2022$14.7M · 151 accts · $932K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$44,459
Investment management$21,549
Trustee / custodial$6,790
Total administrative$72,798
The Ashby Lumber Company 401(k) match · 2023
Employer contribution per active participant$6,204
Median for plans this size$2,440
2024$5,557 per active participant
2023$6,204 per active participant
2022$7,116 per active participant

Ashby Lumber Company's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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 · 20233
NEWPORT GROUP, INC. · Recordkeeping$44,459
PURE FINANCIAL · Investment advisory (plan)$21,549
NEWPORT TRUST COMPANY · Trustee · Trustee (directed)$6,790

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$85,484 · 0.50%
2023$72,798 · 0.46%
2022$69,209 · 0.45%
Same employer
Similar plansRetail Trade · California
Moss Bros. Auto Group, Inc. CA$17.8M · 0.84%
Gosch Auto Group CA$17.7M · 1.04%
Rothy's, Inc. CA$17.1M · 0.09%
Adminsure, Inc. CA$17.0M · 0.27%
Robinson Oil Corporation CA$17.0M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942148502 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.