Plan Ledger DOL Form 5500 · updated monthly

International Building Materials, LLC401(k)

INTERNATIONAL BUILDING MATERIALS, LLC 401(K) RETIREMENT PLAN · CLACKAMAS, OR · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

International Building Materials, LLC reported $47,553 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $2,268 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 0.64% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 376th-largest of 1,021 plans among Oregon employers on file, and the 6,206th of 13,661 in manufacturing. In 2024, employees put in $2.27 for every $1.00 the employer contributed; active participation has grown from 346 to 389 since 2022.

Plan summary
Net assets, end of year$18,600,451
Participants with balances477
Active participants389
Employer contributions$882,299
Employee contributions$2,004,646
Employer contribution per active participant$2,268
Average account balance$38,995
Benefits paid to participants$1,363,767
Plan auditDisclaimer of opinion
AuditorVAN BEEK & CO
Plan history3
Yearassets · accounts · employer contribution
2024$18.6M · 477 accts · $882K emplr
2023$15.1M · 451 accts · $858K emplr
2022$12.7M · 397 accts · $943K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,580
Investment management$23,973
Total administrative$47,553
The International Building Materials, LLC 401(k) match · 2024
Employer contribution per active participant$2,268
Median for plans this size$2,416
2024$2,268 per active participant
2023$2,351 per active participant
2022$2,724 per active participant

International Building Materials, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$24,576
HALL, MACGREGOR · Investment management$22,977

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$47,553 · 0.28%
2023$46,978 · 0.34%
2022$75,339 · 0.64%
Same employer
Similar plansManufacturing · Oregon
Yakima Products, Inc. OR$19.2M · 0.33%
East West Tea Company, LLC OR$17.9M · 0.39%
States Industries, LLC OR$17.0M · 0.36%
Nosler, Inc. OR$16.4M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931195416 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.