Plan Ledger DOL Form 5500 · updated monthly

Lumber One Home Center of Stuttgart, Inc.401(k)

LUMBER ONE PROFIT SHARING PLAN · STUTTGART, AR · plan year 2024

Reported admin expense ratio · 2024
1.04%

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

Lumber One Home Center of Stuttgart, Inc. reported $56,489 in plan administrative expenses for 2024: 1.04% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,255 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 1.10% to 1.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Arkansas (305th of 456), and 3,560th of 5,215 in retail trade. In 2024, employees put in $1.32 for every $1.00 the employer contributed; active participation has grown from 116 to 160 since 2022.

Plan summary
Net assets, end of year$5,734,544
Participants with balances150
Active participants160
Employer contributions$200,738
Employee contributions$265,522
Employer contribution per active participant$1,255
Average account balance$38,230
Benefits paid to participants$169,304
Plan auditUnmodified (clean) audit opinion
AuditorFROST PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 150 accts · $201K emplr
2023$5.1M · 134 accts · $175K emplr
2022$4.1M · 144 accts · $168K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,496
Investment management$35,993
Total administrative$56,489
The Lumber One Home Center of Stuttgart, Inc. 401(k) match · 2024
Employer contribution per active participant$1,255
Median for plans this size$1,313
2024$1,255 per active participant
2023$1,105 per active participant
2022$1,445 per active participant

Lumber One Home Center of Stuttgart, Inc.'s 2024 employer contribution ran below the $1,313 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$650
GILLILAND JETER WEALTH MANAGEMENT · Investment advisory (participants)$7,460

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$56,489 · 1.04%
2023$46,390 · 1.01%
2022$47,850 · 1.10%
Similar plansRetail Trade · Arkansas
Smart Chevrolet Co. AR$7.4M · 0.63%
Hays Food Town, Inc. AR$7.2M · 0.39%
Lewis Management, Inc. AR$6.6M · 0.27%
Russell Chevrolet-Honda AR$5.1M · 0.23%
Hank's Furniture, Inc. AR$4.1M · 0.63%
Riser Motors, Inc. AR$4.1M · 0.67%
Rental Concepts, LLC AR$3.7M · 1.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710698720 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.