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Benchmarking Sorrento Lumber Co., Inc. 401(K) Profit Sharing Plan and Trust in Sorrento, LA against all plans

 

Sorrento Lumber Co., Inc. 401(K) Profit Sharing Plan and Trust in Sorrento, LA incurs the 4th-lowest total administrative expenses ($950) of the 63 plans whose industry group is Lumber and Other Construction Materials Merchant Wholesalers. Those $950 compare to an average of $23,794 across the 63 plans.

Note: total administrative expenses = professional fees + contract administrator fees + investment advisory and management fees + other administrative expenses

Sorrento Lumber Co., Inc. 401(K) Profit Sharing Plan and Trust has these standings among those 63 peer plans:

  • total administrative expenses = $950 (4th-lowest)

  • professional fees = $0 (2nd-lowest, tied)

  • contract administrator fees = $950 (32nd-lowest)

  • investment advisory and management fees = $0 (the lowest, tied)

  • other administrative expenses = $0 (the lowest, tied)

Visualize

 
 

Peers

beat out by Builders Fence Company, Inc. 401(K) Profit Sharing Plan in Sun Valley, CA, Denver Hardwood Co., Inc. 401(K) Plan in Denver, CO, and Bedrosians 401(K) Profit Sharing Plan in Fresno, CA, all with $0.

beat A & D Supply Profit Sharing 401 (K) Plan in Oklahoma City, OK ($1,469), Sierra Forest Products, Inc 401(K) Plan in Salt Lake City, UT ($1,909), Western Materials, Inc. Salary Reduction and Savin in Yakima, WA ($2,101), and Woodford Plywood, Inc. Profit Sharing Plan in Albany, GA ($2,113), and 55 others, ending with Dallas Wholesale Builders Supply, Inc. 401(K) Profit Sharing Plan in Desoto, TX ($74,215).

References

  1. whose industry group is. The industry group is the first four digits from the six-digit NAICS business code, Line 2d in Form 5500, which best describes the nature of the plan sponsor’s business, from the available list. If more than one employer or employee organization is involved, filers are asked to enter the business code for the main business activity of the employer and/or employee organizations. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  2. total administrative expenses. Lower values are better. From Line 2i(5), Schedule H. A missing entry from the Schedule H is here assigned a value of $0. Note that total administrative expenses = professional fees + contract administrator fees + investment advisory and management fees + other administrative expenses. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.