Plan Ledger DOL Form 5500 · updated monthly

Builders Source, Inc.401(k)

BUILDERS SOURCE, INC. 401(K) PLAN · ALBUQUERQUE, NM · plan year 2022

Reported admin expense ratio · 2022
0.78%

Builders Source, Inc. reported $14,610 in plan administrative expenses for 2022: 0.78% of average plan assets, higher than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New Mexico (290th of 290), and 5,208th of 5,215 in retail trade. In 2022, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,058
Participants with balances9
Active participants0
Employer contributions$139,247
Employee contributions$244,932
Employer contribution per active participant—
Average account balance$118
Benefits paid to participants$3,488,570
Plan auditUnmodified (clean) audit opinion
AuditorMOSS ADAMS
Administrative expenses, itemized · 2022
Professional / advisory$14,610
Total administrative$14,610
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$14,610 · 0.78%
Same employer
Similar plansRetail Trade · New Mexico
Bell Gas, Incorporated NM$1.3M · 0.89%
Desert Sun Motors, Inc. NM$1.3M · 0.77%
HR Logistics CA$6K · 0.77%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 850437435 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.