Plan Ledger DOL Form 5500 · updated monthly

Talbert Building Supply, Inc.401(k)

TALBERT BUILDING SUPPLY 401(K) PLAN AND TRUST · ROXBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Talbert Building Supply, Inc. reported $55,366 in plan administrative expenses for 2024: 0.72% of average plan assets, above the peer median. Employer contributions averaged $2,881 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 0.50% to 0.72%. 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 North Carolina (1,191st of 2,005), and 2,878th of 5,215 in retail trade. In 2024, employees put in $1.55 for every $1.00 the employer contributed; active participation has grown from 163 to 198 since 2022.

Plan summary
Net assets, end of year$8,794,620
Participants with balances201
Active participants198
Employer contributions$570,364
Employee contributions$884,160
Employer contribution per active participant$2,881
Average account balance$43,754
Benefits paid to participants$242,997
Plan auditUnmodified (clean) audit opinion
AuditorBLACKMAN & SLOOP, CPAS, P.A
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 201 accts · $570K emplr
2023$6.7M · 175 accts · $519K emplr
2022$4.5M · 109 accts · $340K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,400
Investment management$41,966
Total administrative$55,366
The Talbert Building Supply, Inc. 401(k) match · 2024
Employer contribution per active participant$2,881
Median for plans this size$1,313
2024$2,881 per active participant
2023$2,760 per active participant
2022$2,088 per active participant

Talbert Building Supply, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PCS RETIREMENT · Claims processing · Contract administrator$13,400
COLDSTREAM WEALTH MANAGEMENT · Investment advisory (plan)$41,900
BRINKER CAPITAL INVESTMENTS, LLC · Investment management$66

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

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement

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Administrative cost history3
2024$55,366 · 0.72%
2023$34,855 · 0.63%
2022$24,124 · 0.50%
Same employer
Similar plansRetail Trade · North Carolina
Weaver Street Market NC$9.6M · 0.18%
Old Salem, Inc. NC$9.3M · 0.04%
Cloninger Ford, Inc. NC$9.1M · 0.73%
Schiffman's Inc. NC$8.7M · 0.25%
Wom South Investors, Inc NC$8.1M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561678963 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.