Plan Ledger DOL Form 5500 · updated monthly

Interior/Exterior Building Supply, Limited Partnership401(k)

INTERIOR/EXTERIOR BUILDING SUPPLY 401(K) PROFIT SHARING PLAN AND TRUST · NEW ORLEANS, LA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Interior/Exterior Building Supply, Limited Partnership reported $96,240 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $1,206 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 has held roughly steady near 0.42%. 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 216th-largest of 884 plans among Louisiana employers on file, and the 1,598th of 4,246 in wholesale trade. In 2024, employees put in $2.44 for every $1.00 the employer contributed; active participation has grown from 287 to 366 since 2022.

Plan summary
Net assets, end of year$24,702,564
Participants with balances275
Active participants366
Employer contributions$441,370
Employee contributions$1,077,836
Employer contribution per active participant$1,206
Average account balance$89,828
Benefits paid to participants$910,735
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.7M · 275 accts · $441K emplr
2023$20.9M · 283 accts · $418K emplr
2022$17.2M · 302 accts · $469K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,069
Investment management$31,171
Total administrative$96,240
The Interior/Exterior Building Supply, Limited Partnership 401(k) match · 2024
Employer contribution per active participant$1,206
Median for plans this size$2,416
2024$1,206 per active participant
2023$1,341 per active participant
2022$1,633 per active participant

Interior/Exterior Building Supply, Limited Partnership'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 · 20242
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$65,069
ALERUS INVESTMENT ADVISORS, INC. · Investment advisory (plan)$31,171

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

Recordkeeper by year2
2024Alerus
2023Alerus

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Administrative cost history3
2024$96,240 · 0.42%
2023$82,781 · 0.44%
2022$79,744 · 0.43%
Same employer
Similar plansWholesale Trade · Louisiana
Alfasigma USA, Inc. LA$31.6M · 0.43%
Lipseys, L.L.C. LA$29.1M · 0.11%
Orion South, Inc. LA$22.3M · 0.29%
Whitco Supply, LLC LA$21.4M · 0.71%
Solar Supply, LLC LA$19.3M · 0.25%
Agi Industries, Inc. LA$18.6M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721514223 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.