Building Materials Distributor, Inc.ESOP
BUILDING MATERIAL DISTRIBUTORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST · GALT, CA · plan year 2022
Building Materials Distributor, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $172,862,671 across 1,171 participant accounts, with employer contributions averaging $1,465 per active participant. See methodology for what Form 5500 does and doesn't capture.
Across the 1 year on file its reported administrative ratio rose from 0.00% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other wholesale trade employers. By assets it is the 632nd-largest of 9,483 plans among California employers on file, and the 272nd of 4,246 in wholesale trade.
Building Materials Distributor, Inc.'s 2022 employer contribution ran below the $3,449 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 953926637 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.