401(k) · DOL Form 5500 · 2024

Foundation Building Materials, LLC 401(k) Plan

Data updated 2026-08-11

$242M
Total assets
5,125
Participants
95th
Percentile by assets
$47,204
Avg per participant
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Official DOL plan name: Foundation Building Materials 401(k) Profit Sharing Plan and Trust · Sponsored by Foundation Building Materials, LLC · California · Retail Trade

$242M in assets, 5,125 participants

Foundation Building Materials, LLC's Foundation Building Materials 401(k) Profit Sharing Plan and Trust reported $242M in total assets and 5,125 participants in its 2024 DOL Form 5500 filing, ranking in the 95th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 95th percentile by assets (of 123,622 plans)
  • #7,819 in Retail Trade (8,048 peers)

Coverage in California

Foundation Building Materials 401(k) Profit Sharing Plan and Trust covers 5,125 participants in California, 8.1x the typical California plan (state average ~630 per filing). Assets: $242M.

$242M
total plan assets (2024 EOY)
5,125
covered participants
95th
percentile by assets (of 123,622 plans)
$47,204
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Foundation Building Materials 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $200M in the plan year 2023 filing to $242M in the plan year 2024 filing.
  • Foundation Building Materials 401(k) Profit Sharing Plan and Trust reported net income fell from $53M in the plan year 2023 filing to $42M in the plan year 2024 filing.
  • Foundation Building Materials 401(k) Profit Sharing Plan and Trust reported participants rose from 4,319 in the plan year 2023 filing to 5,125 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Foundation Building Materials 401(k) Profit Sharing Plan and Trust reports 5,125 participants - 8.1x that state average ($242M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$200M
Net Assets (End of Year)$242M
Net Income$42M
Employer EIN274538887
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Foundation Building Materials, LLC)

$100M$150M$200M$250M$300M 202220232024 $154M $252M ▲ +63.5%
Total plan assets by year, all Foundation Building Materials, LLC plans on file
Year Plans Participants Total Assets
2022 2 4,261 $154M
2023 2 4,359 $208M
2024 2 5,294 $252M

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Foundation Building Materials 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in California, assets vs. participants

Foundation Building Materials 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Foundation Building …Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) PlanCisco Systems,Inc. 4…
Foundation Building Materials 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in California, assets vs. participants

Scale composition for Foundation Building Materials 401(k) Profit Sharing Plan and Trust

Foundation Building Materials 401(k) Profit Sharing Plan and Trust reports $242M in end-of-year assets across 5,125 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $47,204 per participant (34% of the national average assets-per-participant) . Net income for plan year 2024 was $42M.

This plan identity (EIN 274538887, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $147M to $242M (+64.7%) while covered participants moved from 4,125 to 5,125 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 4,125 $147M Open filing
2023 4,319 $200M Open filing
2024 · index core 5,125 $242M This page

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Foundation Building Materials 401(k) Profit Sharing Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Foundation Building Materials 401(k) Profit Sharing Plan and Trust assets move in 2024?
Foundation Building Materials 401(k) Profit Sharing Plan and Trust grew sharply - up 21.2% during 2024, from $200M to $242M. Reported net income was $42M.
How have Foundation Building Materials, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Foundation Building Materials, LLC's sponsor-wide assets grew 63.5%, from $154M to $252M.
Where does Foundation Building Materials 401(k) Profit Sharing Plan and Trust rank by assets among Form 5500 filers?
Foundation Building Materials 401(k) Profit Sharing Plan and Trust ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Foundation Building Materials 401(k) Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Mediaocean LLC 401(k) Plan in NY ($242M, 668 participants).

Next read for Foundation Building Materials 401(k) Pro…

Filing takeaways

Ways to act on Foundation Building Materials 401(k) Profit Sharing Plan and Trust's numbers.

  • By total assets, Foundation Building Materials 401(k) Profit Sharing Plan and Trust ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
  • Foundation Building Materials, LLC's sponsor-wide assets have grown 63.5% since 2022 across 3 plan years on file. More Retail Trade plans