Plan Ledger DOL Form 5500 · updated monthly

West Fraser, Inc.401(k)

WEST FRASER, INC. 401(K) PLAN · GERMANTOWN, TN · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

West Fraser, Inc. reported $309,706 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $5,921 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 0.09% to 0.10%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 71st-largest of 1,496 plans among Tennessee employers on file, and the 809th of 13,661 in manufacturing. In 2024, the employer put in $1.01 for every $1.00 employees contributed themselves; active participation has grown from 2,365 to 3,138 since 2022.

Plan summary
Net assets, end of year$322,231,551
Participants with balances3,897
Active participants3,138
Employer contributions$18,581,177
Employee contributions$18,396,721
Employer contribution per active participant$5,921
Average account balance$82,687
Benefits paid to participants$42,001,112
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$322.2M · 3,897 accts · $18.6M emplr
2023$287.0M · 3,095 accts · $17.5M emplr
2022$138.7M · 2,598 accts · $10.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$169,683
Investment management$126,523
Total administrative$309,706
The West Fraser, Inc. 401(k) match · 2024
Employer contribution per active participant$5,921
Median for plans this size$4,294
2024$5,921 per active participant
2023$7,049 per active participant
2022$4,423 per active participant

West Fraser, Inc.'s 2024 employer contribution ran above the $4,294 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$169,683
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$126,523
MORGAN STANLEY · Consulting$13,500

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

Administrative cost history3
2024$309,706 · 0.10%
2023$230,620 · 0.11%
2022$133,159 · 0.09%
All plans at this employer3
WEST FRASER, INC. 401(K) PLAN FOR OSB EMPLOYEES401(k)
WEST FRASER, INC. 401(K) PLAN401(k)
WEST FRASER, INC. 401(K) PLAN FOR COLLECTIVELY BARGAINED EMPLOYEES401(k)
Same employer
Similar plansManufacturing · Tennessee
Astec Industries, Inc. TN$350.1M · 0.21%
Resolute Fp US Inc. TN$332.1M · 0.08%
Marelli North America, Inc. TN$218.5M · 0.09%
Bulab Holdings, Inc. TN$184.7M · 0.05%
Mueller Industries, Inc. TN$180.0M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721489951 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.