Plan Ledger DOL Form 5500 · updated monthly

Bloedorn Lumber CompanyESOP

BLOEDORN LUMBER CO. & SUBSIDIARIES ESOP · TORRINGTON, WY · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

Bloedorn Lumber Company reported $46,025 in plan administrative expenses for 2023: 0.14% of average plan assets, below the peer median. Employer contributions averaged $12,734 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 3 years on file its reported administrative ratio has held roughly steady near 0.131%. 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 10th-largest of 81 plans among Wyoming employers on file, and the 915th of 5,215 in retail trade.

Plan summary
Net assets, end of year$34,462,142
Participants with balances322
Active participants267
Employer contributions$3,400,000
Employee contributions—
Employer contribution per active participant$12,734
Average account balance$107,025
Benefits paid to participants$1,569,015
Plan auditUnmodified (clean) audit opinion
AuditorR W & ASSOCIATES, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$33.2M · 320 accts · $3.2M emplr
2023$34.5M · 322 accts · $3.4M emplr
2022$30.6M · 294 accts · $1.6M emplr
Administrative expenses, itemized · 2023
Audit (IQPA)$46,000
Total administrative$46,025
Employer contributions to the Bloedorn Lumber Company plan · 2023
Employer contribution per active participant$12,734
Median for plans this size$2,440
2024$11,679 per active participant
2023$12,734 per active participant
2022$6,478 per active participant

Bloedorn 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 · 20231
R W & ASSOCIATES, PC · Claims processing$43,300

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$44,149 · 0.13%
2023$46,025 · 0.14%
2022$39,475 · 0.13%
Same employer
Similar plansRetail Trade · Wyoming
Sdi Stores, LLC CT$34.6M · 0.48%
Furniture Mart USA, Inc. SD$34.6M · 0.16%
R.P. Lumber Co., Inc. IL$34.6M · 0.48%
Marc Glassman, Inc. OH$34.4M · 0.26%
Lee Management Company ME$34.4M · 0.17%
South Plains Implement, LTD KS$34.4M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840150670 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.