Boise Cascade Company 401(k) Review & Grade
Boise Cascade Company Hourly Savings Plan
Boise, IDManufacturing2,108 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,469Employer $ per active participant
$4,834Employee $ saved per active participant
0.20%Direct admin cost, % of plan assets
$145.7MNet plan assets, end of year
$59,634Average balance per account
Score breakdown
- Employer generosity26.8 / 5054th percentile for employer $ per participant
- Low cost13.5 / 2554th percentile for low admin cost vs. same-size plans
- Employee saving7.2 / 1548th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score55 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 54th |
| Lower admin cost | 54th |
| Employee saving | 48th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Corrective distributions: the plan refunded $2,557 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Boise Cascade put in about $2,469 per active participant, more than the typical peer ($2,320). 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 | $5,205,620 |
| Participant (employee) contributions | $10,192,554 |
| Other contributions (incl. rollovers in) | $161,181 |
| Administrative expenses paid from the plan | $282,185 |
| Contract administrator fees | $276,921 |
| Investment advisory & management fees | $5,264 |
| Benefits paid out | $17,839,724 |
| Net assets, start / end of year | $133.1M / $145.7M |
| Active participants, start / end of year | 2,114 / 2,103 |
| Participants with account balances | 2,443 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Eide Bailly LLP |
| Employer stock held by plan | $1,783 |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $279,090 reported compensation |
| Institutional Investment Consulting | $29,399 reported compensation |
| Eide Bailly LLP | $18,595 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251008094819NAL0009500032001, received 2025-10-08, EIN 20-1496201, plan #030, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.