Foundation Building Materials 401(k) match, vesting and fees
What Foundation Building Materials' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Schwab Retirement Plan Services,inc | Schedule C ↗ |
| Independent auditor | Holthouse Carlin & Van Trigt LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 77 defined-contribution plans in retail trade with 5,000 to 9,999 participants.
| Foundation Building Materials: employer contribution per participant | $1,538 | |
| Peer median | $1,272 |
| Foundation Building Materials: average balance | $44,082 | |
| Peer median | $49,447 |
| Foundation Building Materials: admin expenses ÷ assets | 0.18% | |
| Peer median | 0.15% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $200M at the end of plan year 2023 to $242M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 5,851 | $242M | $8.4M | $1,538 | 0.18% | Not published | Form 5500 ↗ |
| 2023 | 6,000 | $200M | $8.1M | $1,414 | 0.21% | Not published | Form 5500 ↗ |
Other Foundation Building Materials plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Foundation Building Materials Union 401(k) Profit Sharing Plan and Trust
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Schwab Retirement Plan Services,inc | Schedule C ↗ |
| Independent auditor | Holthouse Carlin & Van Tright LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Common questions
Does Foundation Building Materials match 401(k) contributions?
The match terms for the Foundation Building Materials 401(k) Profit Sharing Plan and Trust have not been published from its filing yet. The plan year 2024 filing reports $8.4M in employer contributions, about $1,538 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Foundation Building Materials 401(k) match vested?
The vesting schedule for the Foundation Building Materials 401(k) Profit Sharing Plan and Trust is not in the data published so far. Your Summary Plan Description states it.
Who manages the Foundation Building Materials 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Schwab Retirement Plan Services,inc. The plan administrator is Foundation Building Materials, LLC.
I left Foundation Building Materials. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Foundation Building Materials, LLC, (714) 380-3127) or the recordkeeper, Schwab Retirement Plan Services,inc. The Foundation Building Materials old 401(k) page lists the contacts from every plan filing. Find an old Foundation Building Materials 401(k)
Data from the public Form 5500 annual reports Foundation Building Materials filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Foundation Building Materials. Not financial advice. Report a correction · Methodology