Plan Ledger DOL Form 5500 · updated monthly

James Hardie Building Products, Inc.401(k)

JAMES HARDIE BUILDING PRODUCTS, INC. RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

James Hardie Building Products, Inc. reported $156,266 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,605 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 0.05% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 168th-largest of 3,702 plans among Illinois employers on file, and the 610th of 13,661 in manufacturing. In 2024, employees put in $1.52 for every $1.00 the employer contributed; active participation has grown from 3,389 to 3,947 since 2022.

Plan summary
Net assets, end of year$458,808,619
Participants with balances4,574
Active participants3,947
Employer contributions$18,175,004
Employee contributions$27,706,375
Employer contribution per active participant$4,605
Average account balance$100,308
Benefits paid to participants$36,420,857
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$458.8M · 4,574 accts · $18.2M emplr
2023$386.4M · 4,316 accts · $16.3M emplr
2022$317.7M · 4,430 accts · $16.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$156,266
Total administrative$156,266
The James Hardie Building Products, Inc. 401(k) match · 2024
Employer contribution per active participant$4,605
Median for plans this size$4,294
2024$4,605 per active participant
2023$4,623 per active participant
2022$4,771 per active participant

James Hardie Building Products, Inc.'s 2024 employer contribution ran above the $4,294 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$156,266

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

Administrative cost history3
2024$156,266 · 0.04%
2023$113,876 · 0.03%
2022$166,353 · 0.05%
Same employer
Similar plansManufacturing · Illinois
Tetra Pak, Inc. IL$500.2M · 0.09%
Kone Inc. IL$467.4M · 0.08%
Shure Incorporated IL$439.7M · 0.07%
Heico Holding, Inc. IL$437.5M · 0.08%
Flex-N-Gate LLC IL$405.0M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880351165 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.