Plan Ledger DOL Form 5500 · updated monthly

Claude Howard Lumber Company, Inc.401(k)

CLAUDE HOWARD LUMBER COMPANY, INC. 401(K) PLAN · STATESBORO, GA · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Claude Howard Lumber Company, Inc. reported $88,618 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,926 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 0.58% to 0.68%. 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 the 1,057th-largest of 2,160 plans among Georgia employers on file, and 7,414th of 13,661 in manufacturing. In 2024, employees put in $2.22 for every $1.00 the employer contributed; active participation has grown from 150 to 229 since 2022.

Plan summary
Net assets, end of year$13,915,871
Participants with balances223
Active participants229
Employer contributions$441,009
Employee contributions$977,071
Employer contribution per active participant$1,926
Average account balance$62,403
Benefits paid to participants$1,374,419
Plan auditUnmodified (clean) audit opinion
AuditorDABBS, HICKMAN, HILL, & CANNON, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.9M · 223 accts · $441K emplr
2023$12.2M · 221 accts · $411K emplr
2022$9.2M · 145 accts · $290K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,828
Investment management$52,790
Total administrative$88,618
The Claude Howard Lumber Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,926
Median for plans this size$2,416
2024$1,926 per active participant
2023$1,910 per active participant
2022$1,933 per active participant

Claude Howard Lumber Company, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20243
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$35,828
STIFEL NICOLAUS & CO INC. · Investment advisory (plan)$49,077
ENVESTNET RETIREMENT SOLUTIONS CO · Investment advisory (plan)$3,713

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$88,618 · 0.68%
2023$81,309 · 0.76%
2022$55,630 · 0.58%
Same employer
Similar plansManufacturing · Georgia
American Boa, Inc. GA$14.7M · 0.01%
Relex Solutions, Inc. GA$14.2M · 0.58%
Parkway Products, LLC GA$14.1M · 0.49%
Vivex Biologics, Inc. GA$14.0M · 0.56%
Pangborn LLC GA$13.9M · 0.15%
Foley Products Company, LLC GA$13.7M · 0.00%
Spectra Metal Sales, Inc. GA$13.7M · 0.41%
Apco Graphics, Inc. GA$13.7M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580696147 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.