Plan Ledger DOL Form 5500 · updated monthly

Keim Lumber Company401(k)

KEIM LUMBER COMPANY 401(K) RETIREMENT PLAN · CHARM, OH · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Keim Lumber Company reported $88,044 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $1,586 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 0.33% to 0.31%. 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 949th-largest of 3,295 plans among Ohio employers on file, and the 1,316th of 4,246 in wholesale trade. In 2024, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,096,621
Participants with balances466
Active participants579
Employer contributions$918,400
Employee contributions$1,742,502
Employer contribution per active participant$1,586
Average account balance$66,731
Benefits paid to participants$1,392,511
Plan auditUnmodified (clean) audit opinion
Auditor415 GROUP, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$31.1M · 466 accts · $918K emplr
2023$26.2M · 443 accts · $838K emplr
2022$20.5M · 424 accts · $620K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$88,044
Total administrative$88,044
The Keim Lumber Company 401(k) match · 2024
Employer contribution per active participant$1,586
Median for plans this size$2,416
2024$1,586 per active participant
2023$1,518 per active participant
2022$1,174 per active participant

Keim Lumber Company'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
JULY BUSINESS SERVICES, LLC · Recordkeeping$49,695
HUMMEL GROUP, INC. · Investment advisory (participants)$34,290

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

Recordkeeper by year2
2024July Business Services
2023July Business Services

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

Administrative cost history3
2024$88,044 · 0.31%
2023$71,392 · 0.31%
2022$70,834 · 0.33%
Same employer
Similar plansWholesale Trade · Ohio
Columbus Equipment Company OH$33.1M · 0.19%
Ohio Valley Flooring, Inc. OH$31.8M · 0.18%
Jenne, Inc. OH$29.5M · 0.02%
The House of Larose, Inc OH$27.3M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341019273 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.