Plan Ledger DOL Form 5500 · updated monthly

Cummings Lumber Co., Inc.401(k)

CUMMINGS LUMBER CO., INC. RETIREMENT SAVINGS PLAN · TROY, PA · plan year 2022

Reported admin expense ratio · 2022
0.56%

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

Cummings Lumber Co., Inc. reported $34,011 in plan administrative expenses for 2022: 0.56% of average plan assets, above the peer median. Employer contributions averaged $700 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (2,819th of 3,651), and 10,932nd of 13,661 in manufacturing. In 2022, employees put in $3.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,514,014
Participants with balances94
Active participants94
Employer contributions$65,777
Employee contributions$251,683
Employer contribution per active participant$700
Average account balance$58,660
Benefits paid to participants$615,992
Plan auditUnmodified (clean) audit opinion
AuditorMENGEL METZGER BARR & CO.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$34,011
Total administrative$34,011
The Cummings Lumber Co., Inc. 401(k) match · 2022
Employer contribution per active participant$700
Median for plans this size$1,114

Cummings Lumber Co., Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$34,011 · 0.56%
Same employer
Similar plansManufacturing · Pennsylvania
Verrica Pharmaceuticals PA$5.8M · 0.42%
Salem Tube, Inc. PA$5.7M · 0.42%
Dobil Laboratories Inc PA$5.7M · 0.70%
Flagzone, LLC PA$5.6M · 0.45%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 240836865 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.