Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

FOUNDATION BUILDING MATERIALS 401(K) PROFIT SHARING PLAN AND TRUST

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

FOUNDATION BUILDING MATERIALS, LLC

This Profit Sharing plan holds $147M in total assets and serves 4,125 participants as of 2022. It is sponsored by FOUNDATION BUILDING MATERIALS, LLC in California. The plan reported a net loss of $10M for the year.

Total Assets (2023)
$147M
Participants
4,125
State
Industry
Retail Trade

What the Filing Says About FOUNDATION BUILDING MATERIALS 401(K) PROFIT SHARING PLAN AND TRUST

FOUNDATION BUILDING MATERIALS 401(K) PROFIT SHARING PLAN AND TRUST is a Profit Sharing retirement plan sponsored by FOUNDATION BUILDING MATERIALS, LLC, headquartered in California. As of the 2022 Form 5500 filing, the plan reports $147M in total end-of-year assets and covers 4,125 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 274538887, and the plan has been effective since 2012-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $155M at the beginning of 2022 to $147M at year-end — a decline of 5.3%. Net assets (after liabilities) closed the year at $147M, with reported net income of $-10,174,263 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$155M
Total Assets (End of Year)$147M
Net Assets (End of Year)$147M
Net Income$-10,174,263
Plan TypeProfit Sharing
Employer EIN274538887
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (FOUNDATION BUILDING MATERIALS, LLC)

Year Plans Participants Total Assets
2022 2 4,261 $154M
2023 2 4,359 $208M
2024 2 5,294 $252M

Nearby Profit Sharing Plans in California

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the FOUNDATION BUILDING MATERIALS 401(K) PROFIT SHARING PLAN AND TRUST?
As of the 2022 Form 5500 filing, FOUNDATION BUILDING MATERIALS 401(K) PROFIT SHARING PLAN AND TRUST holds $147M in total assets with 4,125 participants. It is sponsored by FOUNDATION BUILDING MATERIALS, LLC.
What type of plan is FOUNDATION BUILDING MATERIALS 401(K) PROFIT SHARING PLAN AND TRUST?
FOUNDATION BUILDING MATERIALS 401(K) PROFIT SHARING PLAN AND TRUST is a Profit Sharing plan. It has been effective since 2012-01-01. The plan is filed with the U.S. Department of Labor under EIN 274538887.
Who sponsors the FOUNDATION BUILDING MATERIALS 401(K) PROFIT SHARING PLAN AND TRUST?
FOUNDATION BUILDING MATERIALS 401(K) PROFIT SHARING PLAN AND TRUST is sponsored by FOUNDATION BUILDING MATERIALS, LLC, located in California. The sponsor's EIN is 274538887 and the plan operates in the Retail Trade industry.
How did FOUNDATION BUILDING MATERIALS 401(K) PROFIT SHARING PLAN AND TRUST perform in 2022?
FOUNDATION BUILDING MATERIALS 401(K) PROFIT SHARING PLAN AND TRUST declined by 5.3% during 2022, moving from $155M to $147M in total assets. Net income was $-10,174,263.
Where can I find official filings for FOUNDATION BUILDING MATERIALS 401(K) PROFIT SHARING PLAN AND TRUST?
Official Form 5500 filings for FOUNDATION BUILDING MATERIALS 401(K) PROFIT SHARING PLAN AND TRUST are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 274538887 or plan name at efast.dol.gov.
How does FOUNDATION BUILDING MATERIALS 401(K) PROFIT SHARING PLAN AND TRUST compare to other plans?
You can compare FOUNDATION BUILDING MATERIALS 401(K) PROFIT SHARING PLAN AND TRUST against other Profit Sharing plans on the plan type page, or view plans in California on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 274538887.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.