Plan Ledger DOL Form 5500 · updated monthly

Hallmark Building Supplies, Inc.ESOP

HALLMARK BUILDING SUPPLIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN · WAUKESHA, WI · plan year 2024

Employer contribution per participant · 2024
$4,818

Hallmark Building Supplies, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $36,743,698 across 133 participant accounts, with employer contributions averaging $4,818 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 530th-largest of 1,936 plans among Wisconsin employers on file, and the 1,117th of 4,246 in wholesale trade. active participation has grown from 107 to 125 since 2022.

Plan summary
Net assets, end of year$36,743,698
Participants with balances133
Active participants125
Employer contributions$602,300
Employee contributions—
Employer contribution per active participant$4,818
Average account balance$276,268
Benefits paid to participants$1,868,933
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.7M · 133 accts · $602K emplr
2023$35.1M · 133 accts · $582K emplr
2022$30.4M · 121 accts · $930K emplr
Employer contributions to the Hallmark Building Supplies, Inc. plan · 2024
Employer contribution per active participant$4,818
Median for plans this size$2,416
2024$4,818 per active participant
2023$4,767 per active participant
2022$8,692 per active participant

Hallmark Building Supplies, Inc.'s 2024 employer contribution ran above the $2,416 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
HALLMARK BUILDING SUPPLIES, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
HALLMARK BUILDING SUPPLIES, INC. 401(K) PLAN401(k)
Same employer
Similar plansWholesale Trade · Wisconsin
C.G. Schmidt, Inc. WI$39.7M · 0.23%
Fosber America, Inc. WI$34.6M · 0.18%
Nelson-Jameson, Inc. WI$33.9M · 0.07%
Korber Tissue, Inc. WI$33.4M · 0.09%
Diesel Forward, Inc. WI$33.2M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391209951 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.