Plan Ledger DOL Form 5500 · updated monthly

Hgl-Lbm Holdings LLC401(k)

LAVALLEY BUILDING SUPPLY PROFIT SHARING PLAN · NEWPORT, NH · plan year 2022

Reported admin expense ratio · 2022
0.24%

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

Hgl-Lbm Holdings LLC reported $112,674 in plan administrative expenses for 2022: 0.24% of average plan assets, below the peer median. Employer contributions averaged $4,988 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 retail trade employers. By assets it is the 84th-largest of 411 plans among New Hampshire employers on file, and the 722nd of 5,215 in retail trade. In 2022, the employer put in $1.35 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$44,327,757
Participants with balances507
Active participants422
Employer contributions$2,104,772
Employee contributions$1,560,377
Employer contribution per active participant$4,988
Average account balance$87,431
Benefits paid to participants$2,479,531
Plan auditUnmodified (clean) audit opinion
AuditorGALLAGHER, FLYNN & COMPANY, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$112,674
Total administrative$112,674
The Hgl-Lbm Holdings LLC 401(k) match · 2022
Employer contribution per active participant$4,988
Median for plans this size$2,266

Hgl-Lbm Holdings LLC's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$112,674 · 0.24%
Same employer
Similar plansRetail Trade · New Hampshire
Eastern Propane Gas, Inc. NH$85.0M · 0.20%
Hgl-Lbm Holdings LLC NH$58.1M · 0.21%
Belletete's, Inc. NH$36.4M · 0.31%
Grappone Mgmt. Co., Inc. NH$35.8M · 0.29%
Rugby Holdings LLC NH$33.0M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020264791 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.