Plan Ledger DOL Form 5500 · updated monthly

Standale Lumber LLC401(k)

AMBASSADOR SUPPLY AFFILIATES 401(K) PLAN · FORT WAYNE, IN · plan year 2022

Reported admin expense ratio · 2022
0.37%

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

Standale Lumber LLC reported $45,075 in plan administrative expenses for 2022: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,007 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 1 year on file its reported administrative ratio rose from 0.37% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Indiana (808th of 1,562), and the 2,262nd of 5,215 in retail trade. In 2022, employees put in $2.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,079,495
Participants with balances475
Active participants491
Employer contributions$494,562
Employee contributions$1,140,138
Employer contribution per active participant$1,007
Average account balance$25,431
Benefits paid to participants$1,852,145
Plan auditUnmodified (clean) audit opinion
AuditorMONROE, SWEERIS & TROMP P.L.C.
Plan history2
Yearassets · accounts · employer contribution
2023$11.8M · 511 accts · $764K emplr
2022$12.1M · 475 accts · $495K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$26,727
Investment management$15,162
Professional / advisory$3,186
Total administrative$45,075
The Standale Lumber LLC 401(k) match · 2022
Employer contribution per active participant$1,007
Median for plans this size$2,266
2023$1,626 per active participant
2022$1,007 per active participant

Standale Lumber LLC's 2022 employer contribution ran below the $2,266 median for plans its size, in the bottom quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$59,807 · 0.50%
2022$45,075 · 0.37%
Similar plansRetail Trade · Indiana
Button Motors Inc. IN$12.6M · 0.41%
Hull Lift Truck, Inc. IN$12.1M · 0.62%
Resident Home, LLC IN$11.8M · 0.26%
Uebelhor and Sons Chevrolet IN$11.4M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 825224485 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.