Plan Ledger DOL Form 5500 · updated monthly

Timber Automation, LLC401(k)

TIMBER AUTOMATION, LLC 401(K) PLAN · HOT SPRINGS, AR · plan year 2023

Reported admin expense ratio · 2023
0.53%

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

Timber Automation, LLC reported $57,931 in plan administrative expenses for 2023: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,193 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 fell from 0.57% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 210th-largest of 456 plans among Arkansas employers on file, and 2,728th of 4,246 in wholesale trade. In 2023, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,530,895
Participants with balances289
Active participants239
Employer contributions$524,242
Employee contributions$948,481
Employer contribution per active participant$2,193
Average account balance$39,899
Benefits paid to participants$1,918,769
Plan auditUnmodified (clean) audit opinion
AuditorPIERCE FIRM ,PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$11.5M · 289 accts · $524K emplr
2022$10.3M · 279 accts · $573K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$28,909
Investment management$29,022
Total administrative$57,931
The Timber Automation, LLC 401(k) match · 2023
Employer contribution per active participant$2,193
Median for plans this size$2,440
2023$2,193 per active participant
2022$2,459 per active participant

Timber Automation, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$28,909
CREATIVE PLANNING LLC · Investment advisory (plan)$17,294
LOCKTON FINANCIAL ADVISORS LLC · Investment advisory (plan)$6,356

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

Administrative cost history3
2024Not separately reported
2023$57,931 · 0.53%
2022$61,938 · 0.57%
Same employer
Similar plansWholesale Trade · Arkansas
Team Direct Management LLC AR$25.0M · 0.68%
Legacy Equipment, LLC AR$11.7M · 0.69%
Sanders Supply AR$11.3M · 0.60%
Coulson Oil Company, Inc. AR$10.8M · 0.02%
S & H Systems, Inc. AR$9.9M · 0.76%
Welsco, Inc. AR$9.8M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474749928 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.