Foundation Building Materials Union 401(K) Profit Sharing Plan And Trust — Form 5500 plan (Foundation Building Materials, LLC)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Foundation Building Materials Union 401(K) Profit Sharing Plan And Trust is a benefit plan reported by Foundation Building Materials, LLC under EIN 27-4538887 and plan number 002. The latest loaded filing year is 2023. The filing reports 177 participants and $8,457,344 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8.5MPlan net assets, end of year$8,457,344
Participants177Covered participants reported
Assets / participant$47.8KComputed: assets ÷ participants$47,782 (computed)
Provider compensation$14.3K1 Schedule C provider row(s)$14,254
Plan sponsor
Foundation Building Materials, LLC
EIN
27-4538887
Plan number
002
Plan type
2
Location
Tustin, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023177H, C20241015211010NAL0030927393004
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$8.5M total assets
Net assets$8.5MLiabilities
Money in vs. money out
Total income / additions$2.3M
Total expenses$852.5K
Benefits paid / distributions$833K
Contributions
Employer$705.3K
Participant$349.5K
Full reported line items

Net assets

Total assets (EOY)
$8,457,344
Net assets (EOY)
$8,457,344
Net assets (BOY)
$7,015,213

Income & contributions

Employer contributions
$705,334
Participant contributions
$349,543
Total contributions
$1,135,897
Total income / additions
$2,329,558

Expenses & distributions

Benefits paid
$832,988
Administrative expenses
$14,254
Total expenses
$852,481
Net increase / (decrease)
$1,477,077
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 67%Participant 33%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income36%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Schwab Retirement Plan Services,IncNONE$14,254not reported in the loaded dataset2023

Related Form 5500 pages