Retirement plan

BUILDERS SUPPLY COMPANY, INC. PROFIT SHARING PLAN

Name: BUILDERS SUPPLY COMPANY, INC. - BUILDERS SUPPLY COMPANY, INC. PROFIT SHARING PLAN (2024) Form 5500
Creator: BUILDERS SUPPLY COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BUILDERS SUPPLY COMPANY, INC. PROFIT SHARING PLAN, BUILDERS SUPPLY COMPANY, INC.

BUILDERS SUPPLY COMPANY, INC.EIN 72-0141890Plan #002PY 2024

P. O. BOX 295 - SHREVEPORT, LA 711620295318-222-5721

Prospect flagsWind-down / frozen

How to read this page

Total assets (EOY)

$6M

-4.7% from 2023

Total participants

124

-27.5% from 2023

Average account balance

$48,656

+31.5% from 2023

Annual return

13.10%

-2.08 pp from 2023

Benchmarks

See 8,599 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,599 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$6.03M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$49K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

124

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$512K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.10%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$286

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH4 years Filed as: MERRILL LYNCH Service code 33 · EIN 63-0371391	Securities brokerage	$18,215
ASCENSUS LLC10+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754	Recordkeeping	$17,306

Plan features & details

Pension benefit codes2E2F2G2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II

Admin total

$36K

Recordkeeping$17K48.7%
Trustee / custodial$18K51.3%

% of EOY assets

0.589%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HEARD, MCELROY & VESTAL LLC
Auditor EIN: 720398470
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$48,656

$125,190-61.1%

$105,624-53.9%

$145,897-66.7%

Participation rate

0.0%

77.6%-77.6pp

75.3%-75.3pp

80.3%-80.3pp

Annual return

13.10%

225.22%-212.1pp

116.20%-103.1pp

552.29%-539.2pp

Employer contribution / active EE

$3,720-100.0%

$3,168-100.0%

$4,663-100.0%

Participant deferral / active EE

$5,716-100.0%

$5,013-100.0%

$6,689-100.0%

Admin fee / account holder

$286

$17,138-98.3%

$10,961-97.4%

$13,390-97.9%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH4 years

Filed as: MERRILL LYNCH

Service code 33 · EIN 63-0371391

Securities brokerage

$18,215

ASCENSUS LLC10+ years

Filed as: ASCENSUS

Service code 15 · EIN 11-3665754

Recordkeeping

$17,306

BUILDERS SUPPLY COMPANY, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BUILDERS SUPPLY COMPANY, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion