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Original filing (PDF)20251007133227NAL0004638881001
LBM INDUSTRIES
Form 5500
FILING_RECEIVED
LBM INDUSTRIES EMPLOYEE BENEFIT PLAN
Health & welfare plan
Signals · 2
~4235 bps in Sched C feesNo recordkeeper disclosed
Active participants
132
Accounts w/ balance
—
Plan assets (EOY)
$354K
Net assets (EOY)
-$284K
Plan health score (directional)
84
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
75
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- 4235 bps in Schedule C fees — 2580% above peer band of 158 bps.
- No recordkeeper disclosed on Schedule C.
Helping the score
- Concentration not scored — Schedule of Assets PDF not yet parsed for this plan.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for LBM INDUSTRIES.
Plan sponsor
Name
LBM INDUSTRIES
EIN
56-1145775
Address
17692 ROSMAN HWY · SAPPHIRE, NC · 28774
Phone
(828) 966-4270
Industry
Mining, Quarrying, Oil & Gassee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
501
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-07
Welfare benefit codes
4A · Health (other than dental or vision)
Audit & trust (Schedule H)
Auditor
YOUNG, OAKES, BROWN & CO., P.C.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsBroker
3| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| IMA FINANCIAL GROUP (ECM SOLUTIONS) | 20-2557329 | — | BROKER | $34K | — |
| E. K. MCCONKEY & CO., INC. | 23-3086396 | — | BROKER | $23K | — |
| THE BENECON GROUP, LLC | 23-1315351 | — | BROKER | $23K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MEDCOST LLC | — | WINSTON-SALEM, NC | ADMIN | $69K | — |
Investments
The Schedule of Assets is filed as a free-form PDF attachment on EFAST2; we parse these offline and coverage is partial (priority is the largest plans by EOY assets). This plan also reports no pooled (Schedule D) interests, so its holdings aren’t hidden on a master-trust filing. The line-item data lives on DOL EFAST2 under the same ACK_ID.
See Methodology > Data linkages for how Form 5500 / Schedule H / Schedule D / Schedule of Assets fit together.
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