Plan Ledger DOL Form 5500 · updated monthly

Homer T. Hayward Lumber Co., Inc.401(k)

HOMER T. HAYWARD LUMBER CO., INC. 401(K) PROFIT SHARING PLAN · MONTEREY, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Homer T. Hayward Lumber Co., Inc. reported $12,100 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $613 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 2 years on file its reported administrative ratio fell from 0.08% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 3,717th-largest of 9,483 plans among California employers on file, and the 1,496th of 5,215 in retail trade. In 2024, employees put in $8.13 for every $1.00 the employer contributed; active participation has grown from 168 to 200 since 2022.

Plan summary
Net assets, end of year$19,359,807
Participants with balances197
Active participants200
Employer contributions$122,549
Employee contributions$996,074
Employer contribution per active participant$613
Average account balance$98,273
Benefits paid to participants$1,442,243
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.4M · 197 accts · $123K emplr
2023$17.5M · 182 accts · $114K emplr
2022$14.6M · 175 accts · $108K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,100
Total administrative$12,100
The Homer T. Hayward Lumber Co., Inc. 401(k) match · 2024
Employer contribution per active participant$613
Median for plans this size$2,416
2024$613 per active participant
2023$645 per active participant
2022$640 per active participant

Homer T. Hayward Lumber Co., Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
PRIMARK BENEFITS · Accounting / audit · Claims processing$9,850

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

Recordkeeper by year2
2024PRIMARK BENEFITS
2023PRIMARK BENEFITS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$12,100 · 0.07%
2023$5,130 · 0.03%
2022$13,040 · 0.08%
Same employer
Similar plansRetail Trade · California
Palm Springs Motors, Inc. CA$19.5M · 0.40%
Figs, Inc. CA$19.4M · 0.36%
Fairway Market III CA$19.3M · 0.23%
Majco LLC CA$19.2M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 940543850 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.