Curtis Lumber Company, Inc 401(k) Review & Grade
Curtis Lumber Company, Incorporated Employee Savings & Profit Sharing Plan
Ballston Spa, NYRetail Trade680 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,969Employer $ per active participant
$5,375Employee $ saved per active participant
0.26%Direct admin cost, % of plan assets
$70.0MNet plan assets, end of year
$82,147Average balance per account
Score breakdown
- Employer generosity42.2 / 5084th percentile for employer $ per participant
- Low cost11.4 / 2546th percentile for low admin cost vs. same-size plans
- Employee saving12.9 / 1586th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score77 / 100 · Grade A
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 84th |
| Lower admin cost | 46th |
| Employee saving | 86th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Curtis Lumber Company put in about $1,969 per active participant, more than the typical peer ($743). 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 | $1,339,636 |
| Participant (employee) contributions | $3,657,598 |
| Other contributions (incl. rollovers in) | $781,771 |
| Administrative expenses paid from the plan | $176,052 |
| Investment advisory & management fees | $167,125 |
| Benefits paid out | $8,658,395 |
| Net assets, start / end of year | $64.5M / $70.0M |
| Active participants, start / end of year | 682 / 679 |
| Participants with account balances | 852 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Bonadio & Company LLP |
Largest service providers (Schedule C)
| The Okby Group at Morgan Stanley | $167,125 reported compensation |
| Transamerica Retirement Solutions | $8,927 reported compensation |
| National Financial Services | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250721151437NAL0001345361002, received 2025-07-21, EIN 14-1311618, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.