Schmidbauer Lumber, Inc.401(k)

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

Schmidbauer Lumber, Inc. reported $290,076 in plan administrative expenses for 2024: 0.42% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,433 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 rose from 0.37% to 0.42%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,314th-largest of 9,483 plans among California employers on file, and the 2,431st of 13,661 in manufacturing. In 2024, employees put in $1.89 for every $1.00 the employer contributed; active participation has grown from 523 to 599 since 2022.