Plan Ledger DOL Form 5500 · updated monthly

B & B Lumber Company, Inc.401(k)

B & B LUMBER COMPANY, INC. PROFIT SHARING PLAN · JAMESVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

B & B Lumber Company, Inc. reported $30,380 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $568 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 0.21% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (3,135th of 5,648), and 7,549th of 13,661 in manufacturing. In 2024, employees put in $5.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,540,202
Participants with balances140
Active participants134
Employer contributions$76,059
Employee contributions$391,512
Employer contribution per active participant$568
Average account balance$96,716
Benefits paid to participants$1,628,280
Plan auditUnmodified (clean) audit opinion
AuditorEVANS AND BENNETT, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 140 accts · $76K emplr
2023$13.0M · 137 accts · $113K emplr
2022$11.6M · 148 accts · $316K emplr
Administrative expenses, itemized · 2024
Investment management$30,380
Total administrative$30,380
The B & B Lumber Company, Inc. 401(k) match · 2024
Employer contribution per active participant$568
Median for plans this size$2,416
2024$568 per active participant
2023$906 per active participant
2022$2,549 per active participant

B & B 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 · 20241
UBS FINANCIAL SERVICES, INC. · Investment advisory (plan)$29,434

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$30,380 · 0.23%
2023$26,514 · 0.22%
2022$26,661 · 0.21%
Similar plansManufacturing · New York
Sovena USA, Inc. NY$13.7M · 0.48%
Vandemark Chemical Inc. NY$13.6M · 0.20%
McAlpin Industries, Inc. NY$13.6M · 0.66%
Hebeler Holdings LLC NY$13.4M · 0.00%
Nordon Inc NY$13.4M
Fair-Rite Products Corp. NY$13.4M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161035246 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.