Plan Ledger DOL Form 5500 · updated monthly

Doug Ashy Building Materials, Inc.401(k)

DOUG ASHY BUILDING MATERIALS, INC. PROFIT SHARING 401(K) PLAN · LAFAYETTE, LA · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

Doug Ashy Building Materials, Inc. reported $2,935 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $757 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 0.029% to 0.034%. 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 328th-largest of 884 plans among Louisiana employers on file, and the 1,939th of 5,215 in retail trade. In 2023, employees put in $2.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,661,957
Participants with balances256
Active participants252
Employer contributions$190,767
Employee contributions$552,383
Employer contribution per active participant$757
Average account balance$57,273
Benefits paid to participants$1,224,995
Plan auditUnmodified (clean) audit opinion
AuditorTHIBODAUX HEBERT DESHOTELS LEBLANC
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 252 accts · $199K emplr
2023$14.7M · 256 accts · $191K emplr
2022$13.1M · 239 accts · $211K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,935
Total administrative$2,935
The Doug Ashy Building Materials, Inc. 401(k) match · 2023
Employer contribution per active participant$757
Median for plans this size$2,440
2024$816 per active participant
2023$757 per active participant
2022$881 per active participant

Doug Ashy Building Materials, Inc.'s 2023 employer contribution ran below the $2,440 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.

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 · 20232
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$98,849
MASS MUTUAL LIFE INSURANCE CO · Accounting / audit$1,251

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$4,867 · 0.03%
2023$2,935 · 0.02%
2022$4,089 · 0.03%
Same employer
Similar plansRetail Trade · Louisiana
Moody Price, LLC. LA$16.5M · 0.12%
Service Chevrolet, Inc. LA$16.4M · 0.03%
Bensco of Louisiana, LLC LA$14.9M · 0.22%
Banner of N.O., L.L.C. LA$14.0M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720537573 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.