84 Lumber Company, L.P. 401(k) Review & Grade
Amended and Restated Savings Fund Plan for Employees of 84 Lumber Company
Eighty-Four, PARetail Trade8,903 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,837Employer $ per active participant
$4,442Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$779.5MNet plan assets, end of year
$73,444Average balance per account
Score breakdown
- Employer generosity48.6 / 5097th percentile for employer $ per participant
- Low cost16.9 / 2568th percentile for low admin cost vs. same-size plans
- Employee saving12.8 / 1585th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-5 pts1 issue reported on the filing
Total score83 / 100 · Grade A
This plan vs. peers
Peers: Retail Trade plans with 2,500–9,999 active participants (183 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 97th |
| Lower admin cost | 68th |
| Employee saving | 85th |
| Peers that auto-enroll | 42% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Auditor disclaimer: the auditor issued a disclaimer of opinion.
What to do if you're in this plan
- 84 Lumber Company, L.P. put in about $4,837 per active participant, more than the typical peer ($650). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $43,066,405 |
| Participant (employee) contributions | $39,545,857 |
| Other contributions (incl. rollovers in) | $3,149,823 |
| Administrative expenses paid from the plan | $518,286 |
| Investment advisory & management fees | $50,000 |
| Benefits paid out | $44,550,895 |
| Net assets, start / end of year | $655.9M / $779.5M |
| Active participants, start / end of year | 8,579 / 9,227 |
| Participants with account balances | 10,613 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Smith, Lewis, Chess and Company LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $223,099 reported compensation |
| Kestra Advisory Services LLC | $50,000 reported compensation |
| W B Kania & Associates LLC | $12,750 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014160103NAL0003345617001, received 2025-10-14, EIN 25-1613116, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.