Plan Ledger DOL Form 5500 · updated monthly

Woodhaven Lumber & Millwork, Inc.401(k)

WOODHAVEN LUMBER & MILLWORK, INC. 401(K) PROFIT SHARING PLAN · LAKEWOOD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Woodhaven Lumber & Millwork, Inc. reported $25,801 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,802 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 0.36% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,048th-largest of 2,419 plans among New Jersey employers on file, and the 1,813th of 4,246 in wholesale trade. In 2024, employees put in $2.47 for every $1.00 the employer contributed; active participation has grown from 254 to 312 since 2022.

Plan summary
Net assets, end of year$21,080,886
Participants with balances310
Active participants312
Employer contributions$562,178
Employee contributions$1,389,938
Employer contribution per active participant$1,802
Average account balance$68,003
Benefits paid to participants$1,758,237
Plan auditUnmodified (clean) audit opinion
AuditorSMOLIN, LUPIN & CO., LLC
Plan history3
Yearassets · accounts · employer contribution
2024$21.1M · 310 accts · $562K emplr
2023$18.9M · 287 accts · $581K emplr
2022$16.8M · 344 accts · $591K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,699
Investment management$102
Total administrative$25,801
The Woodhaven Lumber & Millwork, Inc. 401(k) match · 2024
Employer contribution per active participant$1,802
Median for plans this size$2,416
2024$1,802 per active participant
2023$2,054 per active participant
2022$2,328 per active participant

Woodhaven Lumber & Millwork, 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 WORKPLACE SERVICES, LLC · Plan administrator · Trustee (discretionary)$25,699

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$25,801 · 0.13%
2023$71,722 · 0.40%
2022$62,532 · 0.36%
Similar plansWholesale Trade · New Jersey
Wallpaper Imports Inc. NJ$22.2M · 0.06%
General Trading Co., Inc. NJ$21.2M · 0.29%
Jesco, Inc. NJ$20.8M · 0.55%
Rvl Pharmaceuticals, Inc. NJ$19.6M · 0.14%
Titanium Industries, Inc. NJ$19.3M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222134614 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.