Plan Ledger DOL Form 5500 · updated monthly

Harbin Lumber Co., Inc.401(k)

HARBIN LUMBER CO., INC. 401(K) PROFIT SHARING PLAN · LAVONIA, GA · plan year 2025

Reported admin expense ratio · 2025
0.36%

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

Harbin Lumber Co., Inc. reported $64,123 in plan administrative expenses for 2025: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,982 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 3 years on file its reported administrative ratio rose from 0.26% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other wholesale trade employers. By assets it is the 886th-largest of 2,160 plans among Georgia employers on file, and the 1,939th of 4,246 in wholesale trade. In 2025, employees put in $1.71 for every $1.00 the employer contributed; active participation has grown from 294 to 334 since 2022.

Plan summary
Net assets, end of year$19,468,318
Participants with balances297
Active participants334
Employer contributions$661,955
Employee contributions$1,132,909
Employer contribution per active participant$1,982
Average account balance$65,550
Benefits paid to participants$1,577,044
Plan auditUnmodified (clean) audit opinion
AuditorBURCH CROOMS & COMPANY LLP
Plan history4
Yearassets · accounts · employer contribution
2025$19.5M · 297 accts · $662K emplr
2024$16.6M · 281 accts · $624K emplr
2023$13.3M · 259 accts · $566K emplr
2022$10.8M · 244 accts · $381K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$37,123
Investment management$27,000
Total administrative$64,123
The Harbin Lumber Co., Inc. 401(k) match · 2025
Employer contribution per active participant$1,982
Median for plans this size$2,666
2025$1,982 per active participant
2024$1,937 per active participant
2023$1,931 per active participant
2022$1,294 per active participant

Harbin Lumber Co., Inc.'s 2025 employer contribution ran below the $2,666 median for plans its size. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$37,123
CAMBRIDGE INVESTMENT RESEARCH ADV. · Consulting · Investment advisory (plan)$27,000

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

Recordkeeper by year3
2025Transamerica
2024Transamerica
2023Transamerica

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Administrative cost history4
2025$64,123 · 0.36%
2024$60,880 · 0.41%
2023$47,435 · 0.39%
2022$27,736 · 0.26%
Same employer
Similar plansWholesale Trade · Georgia
J & L Ventures, LLC GA$20.7M · 0.08%
Ace Industries, Inc. GA$19.9M · 0.63%
Gran Quartz, LP GA$19.4M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580530476 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.