Plan Ledger DOL Form 5500 · updated monthly

Wilson Lumber Company, Inc.401(k)

WILSON LUMBER COMPANY, INC. 401(K) PROFIT SHARING PLAN · HUNTSVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Wilson Lumber Company, Inc. reported $41,729 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,967 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 fell from 0.30% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 340th-largest of 902 plans among Alabama employers on file, and the 1,749th of 5,215 in retail trade. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has grown from 330 to 379 since 2022.

Plan summary
Net assets, end of year$16,653,685
Participants with balances351
Active participants379
Employer contributions$745,314
Employee contributions$1,294,258
Employer contribution per active participant$1,967
Average account balance$47,446
Benefits paid to participants$1,294,214
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.7M · 351 accts · $745K emplr
2023$13.1M · 348 accts · $722K emplr
2022$11.8M · 345 accts · $712K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,721
Investment management$21,008
Total administrative$41,729
The Wilson Lumber Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,967
Median for plans this size$2,416
2024$1,967 per active participant
2023$1,916 per active participant
2022$2,157 per active participant

Wilson Lumber Company, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Investment advisory (plan)$41,729

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$41,729 · 0.28%
2023$30,894 · 0.25%
2022$38,384 · 0.30%
Same employer
Similar plansRetail Trade · Alabama
Auto Investment, Inc. AL$27.3M · 0.83%
Trigreen Equipment, LLC AL$26.1M · 0.47%
Tameron Automotive Group AL$15.9M · 0.26%
Jackmax Automotive, Inc. AL$12.9M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630461038 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.