Plan Ledger DOL Form 5500 · updated monthly

Egger Wood Products, LLC.401(k)

EGGER WOOD PRODUCTS LLC 401(K) AND PROFIT SHARING PLAN · LINWOOD, NC · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Egger Wood Products, LLC. reported $18,519 in plan administrative expenses for 2024: 0.21% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,565 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 fell from 0.28% to 0.21%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in North Carolina (1,094th of 2,005), and 8,653rd of 13,661 in manufacturing. In 2024, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,293,622
Participants with balances454
Active participants409
Employer contributions$1,049,127
Employee contributions$1,904,106
Employer contribution per active participant$2,565
Average account balance$22,673
Benefits paid to participants$1,178,332
Plan auditUnmodified (clean) audit opinion
AuditorLANGFORD DE KOCK LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 454 accts · $1.0M emplr
2023$7.3M · 428 accts · $755K emplr
2022$4.7M · 419 accts · $574K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,519
Total administrative$18,519
The Egger Wood Products, LLC. 401(k) match · 2024
Employer contribution per active participant$2,565
Median for plans this size$1,313
2024$2,565 per active participant
2023$1,905 per active participant
2022$1,531 per active participant

Egger Wood Products, LLC.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$18,519
PRINCIPAL SECURITIES INC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$18,519 · 0.21%
2023$15,486 · 0.26%
2022$11,662 · 0.28%
Same employer
Similar plansManufacturing · North Carolina
Si East LLC NC$10.4M · 0.17%
Phononic, Inc NC$10.4M · 0.49%
Huntington House, Inc. NC$10.3M · 0.36%
Carpenter Industries Inc. NC$10.2M · 0.11%
Pure Flow, Inc. NC$10.2M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810884651 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.