Plan Ledger DOL Form 5500 · updated monthly

Holmes Building Materials, LLC401(k)

HOLMES RETIREMENT PLAN 401(K) · BATON ROUGE, LA · plan year 2025

Reported admin expense ratio · 2025
0.10%

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

Holmes Building Materials, LLC reported $7,306 in plan administrative expenses for 2025: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,829 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 fell from 0.19% to 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Louisiana (497th of 884), and 3,043rd of 5,215 in retail trade. In 2025, employees put in $1.83 for every $1.00 the employer contributed; active participation has shrunk from 142 to 118 since 2022.

Plan summary
Net assets, end of year$7,993,121
Participants with balances100
Active participants118
Employer contributions$215,782
Employee contributions$395,182
Employer contribution per active participant$1,829
Average account balance$79,931
Benefits paid to participants$294,878
Plan auditUnmodified (clean) audit opinion
AuditorMAY & COMPANY, LLP
Plan history4
Yearassets · accounts · employer contribution
2025$8.0M · 100 accts · $216K emplr
2024$6.6M · 105 accts · $229K emplr
2023$5.8M · 109 accts · $232K emplr
2022$4.6M · 119 accts · $240K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$6,806
Trustee / custodial$500
Total administrative$7,306
The Holmes Building Materials, LLC 401(k) match · 2025
Employer contribution per active participant$1,829
Median for plans this size$1,464
2025$1,829 per active participant
2024$1,921 per active participant
2023$1,786 per active participant
2022$1,688 per active participant

Holmes Building Materials, LLC's 2025 employer contribution ran above the $1,464 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 · 20253
SENTINEL PENSION & PAYROLL · Recordkeeping · Loan processing$7,089
NATIONWIDE · Investment advisory (participants)$20,025
NY LIFE SECURITIES LLC · Investment advisory (participants)indirect comp

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

Recordkeeper by year3
2025SENTINEL PENSION & PAYROLL
2024SENTINEL PENSION & PAYROLL
2023Nationwide, SENTINEL PENSION & PAYROLL

This plan has changed recordkeepers within these filings. If you left Holmes Building Materials, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$7,306 · 0.10%
2024$8,891 · 0.14%
2023$9,078 · 0.18%
2022$8,703 · 0.19%
Same employer
Similar plansRetail Trade · Louisiana
Holmes Motors, LLC. LA$9.4M · 0.57%
Sterling Automotive Group LA$9.1M · 0.66%
Shopperschoice.com,L.L.C. LA$6.7M · 1.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720635776 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.