Plan Ledger DOL Form 5500 · updated monthly

Suburban Drywall Inc401(k)

SUBURBAN DRYWALL INC 401(K) PROFIT SHARING PLAN & TRUST · WAUKESHA, WI · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Suburban Drywall Inc reported $40,776 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $1,405 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 0.62% to 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Wisconsin (1,546th of 1,936), and 3,795th of 5,337 in construction. In 2024, employees put in $1.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,919,445
Participants with balances146
Active participants231
Employer contributions$324,506
Employee contributions$631,848
Employer contribution per active participant$1,405
Average account balance$40,544
Benefits paid to participants$209,350
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 146 accts · $325K emplr
2023$4.5M · 133 accts · $284K emplr
2022$3.4M · 129 accts · $240K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,914
Investment management$26,002
Trustee / custodial$860
Total administrative$40,776
The Suburban Drywall Inc 401(k) match · 2024
Employer contribution per active participant$1,405
Median for plans this size$1,313
2024$1,405 per active participant
2023$1,364 per active participant
2022$1,065 per active participant

Suburban Drywall Inc's 2024 employer contribution ran above 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
PAYCHEX, INC. · Recordkeeping$14,568
IFP ADVISORS, INC. · Investment advisory (participants)$25,602

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

Recordkeeper by year2
2024Paychex
2023IFP ADVISORS, INC., Paychex

This plan has changed recordkeepers within these filings. If you left Suburban Drywall Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$40,776 · 0.78%
2023$30,650 · 0.78%
2022$21,357 · 0.62%
Same employer
Similar plansConstruction · Wisconsin
Adams Electric Inc. WI$6.3M · 1.68%
Design Homes, Inc. WI$5.7M · 0.39%
Rhd Plumbing, Inc. WI$5.5M · 0.65%
Inland Companies, Inc. WI$5.1M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391467548 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.