Mobile Lumber & Building Materials 401(k) match, vesting and fees

Plan year 2024 filingMobile Lumber & Building Materials, Inc 401(k) Plan · Plan 001 · EIN 63-1028550Updated Oct 2026

What Mobile Lumber & Building Materials' 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $77K in employer contributions, about $402 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$27,757
Average account balance
286
Participants (end of year)
$5.3M
Plan assets (end of year)
0.06%
Admin expenses ÷ assets

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.

RecordkeeperAscensus LLCSchedule C ↗
Independent auditorSmith, Dukes & Buckalew LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 3,141 defined-contribution plans in retail trade with 100 to 499 participants.

Mobile Lumber & Building Materials: employer contribution per participant$402
Peer median$1,216
Mobile Lumber & Building Materials: average balance$27,757
Peer median$50,590
Mobile Lumber & Building Materials: admin expenses ÷ assets0.06%
Peer median0.43%

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 $3.4M at the end of plan year 2021 to $5.3M at the end of plan year 2024.

$3.4M2021$3.2M2022$4.4M2023$5.3M2024
End-of-year figures from each plan year's Form 5500 filing for the Mobile Lumber & Building Materials plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024286$5.3M$77K$4020.06%Not publishedForm 5500 ↗
2023288$4.4M$114K$6470.08%Not publishedForm 5500 ↗
2022291$3.2M$99K$6130.07%Not publishedForm 5500 ↗
2021256$3.4M$80K$6370.06%Not publishedForm 5500 ↗

Common questions

Does Mobile Lumber & Building Materials match 401(k) contributions?

The match terms for the Mobile Lumber & Building Materials, Inc 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $77K in employer contributions, about $402 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Mobile Lumber & Building Materials 401(k) match vested?

The vesting schedule for the Mobile Lumber & Building Materials, Inc 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Mobile Lumber & Building Materials 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Ascensus LLC. The plan administrator is Mobile Lumber & Building Materials, Inc..

I left Mobile Lumber & Building Materials. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Mobile Lumber & Building Materials, Inc., (251) 661-8315) or the recordkeeper, Ascensus LLC. The Mobile Lumber & Building Materials old 401(k) page lists the contacts from every plan filing. Find an old Mobile Lumber & Building Materials 401(k)

Data from the public Form 5500 annual reports Mobile Lumber & Building Materials filed with the U.S. Department of Labor (plan years 2021 and 2022 and 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 Mobile Lumber & Building Materials. Not financial advice. Report a correction · Methodology