Plan Ledger DOL Form 5500 · updated monthly

Foxworth-Galbraith Lumber Company401(k)

FOXWORTH-GALBRAITH LUMBER COMPANY & ASSOCIATED COMPANIES 401(K) PLAN · PLANO, TX · plan year 2022

Reported admin expense ratio · 2022
0.25%

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

Foxworth-Galbraith Lumber Company reported $101,018 in plan administrative expenses for 2022: 0.25% of average plan assets, below the peer median. Employer contributions averaged $767 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 1,295th-largest of 5,688 plans among Texas employers on file, and the 125th of 945 in agriculture, forestry & fishing. In 2022, employees put in $3.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,909,302
Participants with balances591
Active participants1,230
Employer contributions$943,567
Employee contributions$3,020,184
Employer contribution per active participant$767
Average account balance$64,144
Benefits paid to participants$3,272,241
Plan auditDisclaimer of opinion
AuditorJOHNSON & SHELDON, PLLC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $561K emplr
2022$37.9M · 591 accts · $944K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$101,018
Total administrative$101,018
The Foxworth-Galbraith Lumber Company 401(k) match · 2022
Employer contribution per active participant$767
Median for plans this size$2,266

Foxworth-Galbraith Lumber Company's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$101,018 · 0.25%
Same employer
Similar plansAgriculture, Forestry & Fishing · Texas
Beusa Energy, LLC TX$69.0M · 0.44%
King Ranch, Incorporated TX$63.5M · 0.15%
Gs Operating, LLC TX$36.4M · 0.04%
Select Milk Producers, Inc. TX$36.3M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 750278040 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.