Plan Ledger DOL Form 5500 · updated monthly

Woodford Plywood, Inc.401(k)

WOODFORD PLYWOOD, INC. PROFIT SHARING PLAN · ALBANY, GA · plan year 2022

Reported admin expense ratio · 2022
0.03%

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

Woodford Plywood, Inc. reported $1,342 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Georgia (1,645th of 2,160), and 3,681st of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$4,697,420
Participants with balances93
Active participants79
Employer contributions$0
Employee contributions$272,619
Employer contribution per active participant$0
Average account balance$50,510
Benefits paid to participants$214,106
Plan auditUnmodified (clean) audit opinion
AuditorDRAFFIN & TUCKER, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,342
Total administrative$1,342
The Woodford Plywood, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Woodford Plywood, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,342 · 0.03%
Similar plansWholesale Trade · Georgia
Honorbuilt, LLC GA$5.9M · 0.31%
Recteq, LLC GA$3.8M · 0.87%
Hettich America L.P. GA$3.7M · 0.80%
Premium Peanut, LLC GA$3.5M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581242656 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.