Vaagen Bros Lumber 401(k) match, vesting and fees
What Vaagen Bros Lumber's 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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Aldrich Cpas and Advisors 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 595 defined-contribution plans in agriculture, forestry, fishing and hunting with 100 to 499 participants.
| Vaagen Bros Lumber: employer contribution per participant | $1,015 | |
| Peer median | $1,917 |
| Vaagen Bros Lumber: average balance | $84,021 | |
| Peer median | $58,404 |
| Vaagen Bros Lumber: admin expenses ÷ assets | 0.38% | |
| Peer median | 0.38% |
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 $20M at the end of plan year 2021 to $22.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 282 | $22.9M | $276K | $1,015 | 0.38% | Not published | Form 5500 ↗ |
| 2023 | 309 | $21.1M | $302K | $1,017 | 0.43% | Not published | Form 5500 ↗ |
| 2022 | 388 | $18.1M | $339K | $938 | 0.41% | Not published | Form 5500 ↗ |
| 2021 | 371 | $20M | $282K | $830 | 0.48% | Not published | Form 5500 ↗ |
Common questions
Does Vaagen Bros Lumber match 401(k) contributions?
The match terms for the Vaagen Bros Lumber Inc 401(k) Savings Plan and Trust have not been published from its filing yet. The plan year 2024 filing reports $276K in employer contributions, about $1,015 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Vaagen Bros Lumber 401(k) match vested?
The vesting schedule for the Vaagen Bros Lumber Inc 401(k) Savings Plan and Trust is not in the data published so far. Your Summary Plan Description states it.
Who manages the Vaagen Bros Lumber 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Vaagen Bros Lumber Inc.
I left Vaagen Bros Lumber. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Vaagen Bros Lumber Inc, (509) 684-5071) or the recordkeeper, Principal Life Insurance Company. The Vaagen Bros Lumber old 401(k) page lists the contacts from every plan filing. Find an old Vaagen Bros Lumber 401(k)
Data from the public Form 5500 annual reports Vaagen Bros Lumber 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 Vaagen Bros Lumber. Not financial advice. Report a correction · Methodology