Plan Ledger DOL Form 5500 · updated monthly

Bldr Holdings, Inc401(k)

EMJ CORPORATION RETIREMENT PLAN · CHATTANOOGA, TN · plan year 2023

Reported admin expense ratio · 2023
0.33%

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

Bldr Holdings, Inc reported $80,734 in plan administrative expenses for 2023: 0.33% of average plan assets, above the peer median. Employer contributions averaged $446 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 0.22% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 462nd-largest of 1,496 plans among Tennessee employers on file, and the 1,682nd of 5,337 in construction. In 2023, employees put in $17.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,160,527
Participants with balances321
Active participants242
Employer contributions$108,016
Employee contributions$1,892,940
Employer contribution per active participant$446
Average account balance$81,497
Benefits paid to participants$2,379,356
Plan auditUnmodified (clean) audit opinion
AuditorLBMC,PC
Plan history3
Yearassets · accounts · employer contribution
2024$24.0M · 289 accts · $128K emplr
2023$26.2M · 321 accts · $108K emplr
2022$22.4M · 329 accts · $138K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$26,567
Investment management$54,167
Total administrative$80,734
The Bldr Holdings, Inc 401(k) match · 2023
Employer contribution per active participant$446
Median for plans this size$2,440
2024$650 per active participant
2023$446 per active participant
2022$564 per active participant

Bldr Holdings, 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
RATHER & KITTRELL INC · Investment advisory (plan)$50,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$26,567

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$78,169 · 0.31%
2023$80,734 · 0.33%
2022$53,365 · 0.22%
All plans at this employer2
EMJ CORPORATION RETIREMENT PLAN401(k)
BLDR HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Similar plansConstruction · Tennessee
Redwood Management, LLC TN$27.8M · 0.41%
Upright Holdings, Inc. TN$27.3M · 0.37%
Binswanger Enterprises, LLC TN$25.6M · 0.55%
Massey Construction, Inc. TN$21.7M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 861418134 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.