Industry · Form 5500 business code 321210
Veneer, Plywood, & Engineered Wood Product Mfg: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
For plan year 2024, 73 retirement plans in veneer, plywood, & engineered wood product mfg with 100 or more participants filed Form 5500: 63 defined contribution and 10 defined benefit. They reported 145,652 participant records and $15.1B in net assets, counting every plan on the form.
The median defined contribution plan held $51,603 per participant, close to the national median of $53,031, and its employer put in $1,880 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $146 per participant against $123 nationally.
Employers contributed $291M and participants $415M during the year, and the plans paid out $1.66B in benefits.
In 2009 the same group numbered 155 plans with $8.60B; by 2024 it was 73 plans (down 53%) and $15.1B (up 75%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $51,603 | $53,031 | $61,036 | $86,234 |
| Employer contributions per active participant | $1,880 | $2,174 | $2,900 | $10,244 |
| Schedule C compensation per participant | $146 | $123 | $156 | $344 |
| Schedule C compensation, share of net assets | 0.23% | 0.26% | 0.42% | 0.42% |
| Administrative expenses per participant | $127 | $116 | $217 | $527 |
Medians across plans with 100 or more participants (60 DC and 10 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $35,306 | $51,603 | $84,888 | 60 |
| Employer contributions per active participant | $938 | $1,880 | $2,839 | 60 |
| Schedule C compensation per participant | $86.88 | $146 | $203 | 53 |
| Administrative expenses per participant | $73.92 | $127 | $205 | 56 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2025partial | 16 | 9,664 | $813M | $26.4M | $33.7M | $52,447 | $152 |
| 2024 | 73 | 145,652 | $15.1B | $291M | $415M | $51,603 | $146 |
| 2023 | 78 | 148,358 | $14.6B | $282M | $394M | $45,249 | $132 |
| 2022 | 95 | 160,345 | $13.7B | $299M | $385M | $39,132 | $118 |
| 2021 | 99 | 165,589 | $16.6B | $302M | $365M | $46,879 | $125 |
| 2020 | 100 | 164,569 | $15.2B | $273M | $342M | $43,494 | $125 |
| 2019 | 103 | 181,028 | $14.7B | $455M | $339M | $40,435 | $122 |
| 2018 | 104 | 187,163 | $13.2B | $251M | $320M | $33,969 | $120 |
| 2017 | 104 | 196,627 | $14.4B | $998M | $296M | $39,435 | $111 |
| 2016 | 110 | 197,558 | $12.6B | $523M | $280M | $33,519 | $95.09 |
| 2015 | 112 | 191,224 | $12.1B | $499M | $276M | $30,933 | $75.97 |
| 2014 | 116 | 202,227 | $12.3B | $431M | $258M | $33,039 | $61.44 |
| 2013 | 118 | 214,870 | $11.8B | $516M | $233M | $33,642 | $49.68 |
| 2012 | 122 | 214,004 | $10.6B | $338M | $219M | $27,038 | $39.36 |
| 2011 | 135 | 221,140 | $9.95B | $250M | $347M | $25,356 | $35.88 |
| 2010 | 139 | 227,605 | $10.2B | $367M | $209M | $25,778 | $49.32 |
| 2009 | 155 | 222,496 | $8.60B | $434M | $213M | $22,119 | $42.80 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 76 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 76 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Georgia-Pacific LLC Hourly Pension Plan | Georgia-Pacific LLC | GA | DB | 34,047 | $3.17B | $92,995 | — | $62.73 |
| Georgia-Pacific LLC 401(k) Retirement Savings Plan | Georgia-Pacific LLC | GA | DC | 22,298 | $4.72B | $211,725 | $7,669 | $82.92 |
| Georgia-Pacific LLC Hourly 401(k) Plan | Georgia-Pacific LLC | GA | DC | 20,790 | $1.49B | $71,463 | $2,631 | $89.91 |
| Georgia-Pacific LLC Salaried Pension Plan | Georgia-Pacific LLC | GA | DB | 12,682 | $1.05B | $82,676 | — | $66.99 |
| Woodgrain Millwork, Inc. Employee Savings Plan and Trust | Woodgrain Inc. | ID | DC | 5,558 | $272M | $48,910 | $1,366 | $90.82 |
| Boise Cascade Company Savings Plan | Boise Cascade Company | ID | DC | 4,910 | $740M | $150,785 | $6,638 | $122 |
| Louisiana-Pacific 401(k) and Profit Sharing Plan | Louisiana-Pacific Corporation | TN | DC | 4,126 | $595M | $144,181 | $6,937 | $81.76 |
| Roseburg Forest Products Co. and Western States Regional Council of Carpenters Pension Plan | Roseburg Forest Products Co. and Western States Regional Council | OR | DB | 3,532 | $237M | $66,981 | — | $282 |
| Boise Cascade Company Hourly Savings Plan | Boise Cascade Company | ID | DC | 2,485 | $146M | $58,627 | $2,475 | $132 |
| Roseburg Forest Products Co. 401(k) Plan | Roseburg Forest Products Co. | OR | DC | 2,181 | $224M | $102,602 | $6,189 | $154 |
| Contran Corporation Pension Plan | Contran Corporation | TX | DB | 2,093 | $110M | $52,735 | — | $156 |
| Roseburg Forest Products Co., Carpenters Industrial Council Defined Contribution Plan | Roseburg Forest Products Co. | OR | DC | 2,068 | $127M | $61,201 | $1,959 | $117 |
| Arauco North America, Inc. Retirement Plan | Arauco North America, Inc. | GA | DC | 1,695 | $129M | $76,135 | $4,441 | $129 |
| Wellborn Cabinet, Inc. 401(k) Profit Sharing Plan | Wellborn Cabinet Inc. | AL | DC | 1,664 | $31.4M | $18,858 | $941 | $25.52 |
| Boise Cascade Company Retirement Savings Plan | Boise Cascade Company | ID | DC | 1,592 | $90.6M | $56,915 | $1,191 | $138 |
| Hood Industries Retirement and Savings Plan | Hood Industries, Inc. | MS | DC | 1,540 | $94.0M | $61,053 | $2,121 | $111 |
| Royomartin Retirement Plan | Martco, L.L.C | LA | DC | 1,539 | $269M | $174,571 | $9,420 | $185 |
| Roseburg Forest Products Co. Retirement Plan | Roseburg Forest Products Co. | OR | DB | 1,216 | $95.4M | $78,439 | — | $340 |
| The Langdale Company Retirement Savings Plan | The Langdale Company | GA | DC | 1,123 | $70.4M | $62,654 | $2,286 | — |
| Decore-Ative Specialties, Inc. 401(k) Profit Sharing Plan | Decore-Ative Specialties, Inc. | CA | DC | 906 | $62.7M | $69,160 | $910 | $202 |
| Hunt Forest Products, L.L.C. Salary Investment Retirement Plan | Hunt Forest Products, L.L.C. | LA | DC | 878 | $37.9M | $43,153 | $2,186 | $230 |
| Timber Products Co. 401(k) Plan | Timber Products Co. Ltd. Partnership | OR | DC | 877 | $60.3M | $68,805 | $1,518 | $146 |
| Lumber Employees Local 786 Retirement Fund | Trustees of Lumber Employees 786 Retirement Fund | IL | DB | 855 | $47.1M | $55,090 | $9,702 | $379 |
| Landscape Structures, Inc. 401(k) Profit Sharing Plan | Landscape Structures, Inc. | MN | DC | 681 | $76.8M | $112,804 | $2,208 | $12.87 |
| Puritan Medical Products Company LP 401(k) Plan | Puritan Medical Products Company LP | ME | DC | 598 | $17.2M | $28,814 | $940 | $86.88 |
| Landscape Structures, Inc. Employee Stock Ownership Plan and Trust | Landscape Structures, Inc. | MN | DC | 570 | $579M | $1,015,450 | $25,086 | — |
| Freres Lumber Co., Inc. Savings and Profit Sharing Plan | Freres Lumber Co., Inc. | OR | DC | 559 | $28.0M | $50,140 | $1,044 | $105 |
| Marsh Furniture Company 401(k) Plan | Marsh Furniture Company | NC | DC | 559 | $25.7M | $46,050 | $2,208 | $129 |
| Pacific Woodtech Corporation 401(k) Plan | Pacific Woodtech Corporation | WA | DC | 537 | $27.2M | $50,663 | $2,758 | $40.32 |
| Danzer Group 401(k) Retirement Plan | Danzer Services, Inc. | PA | DC | 525 | $35.6M | $67,787 | $1,692 | $164 |
| Redbuilt 401(k) Plan | Redbuilt LLC | ID | DC | 519 | $28.5M | $54,898 | $1,545 | $77.08 |
| Scotch Companies 401(k) Profit Sharing Plan | Scotch Plywood Company, Inc. | AL | DC | 517 | $43.1M | $83,324 | $3,049 | $183 |
| Manthei 401(k) Profit Sharing Plan | Manthei, Inc. | MI | DC | 464 | $20.1M | $43,411 | $1,759 | $154 |
| Northern Contours, Inc. 401(k) Plan | Northern Contours, Inc. | MN | DC | 436 | $12.6M | $28,830 | $933 | $240 |
| States Industries, LLC 401(k) Plan and Trust | States Industries, LLC | OR | DC | 410 | $19.0M | $46,410 | $1,421 | $152 |
| Roseburg Forest Products Co. Employee Pension Plan | Roseburg Forest Products Co. | OR | DB | 409 | $18.6M | $45,562 | — | $279 |
| Swiss Krono USA, Inc. 401(k) Retirement Plan | Swiss Krono USA, Inc. | SC | DC | 399 | $15.9M | $39,880 | $2,769 | $214 |
| Panel Processing, Inc. Employee Stock Ownership Plan | Panel Processing, Inc. | MI | DC | 301 | $10.1M | $33,560 | $4,626 | — |
| Wood Resources Employee Savings Plan | New Wood Resources, LLC | MS | DC | 297 | $6.7M | $22,408 | $1,106 | $82.34 |
| Hardel Mutual Plywood Corporation 401(k) Profit Sharing Plan | Hardel Mutual Plywood Corp. | WA | DC | 288 | $39.1M | $135,664 | $6,177 | $13.81 |
By plan size
By state
Questions and answers
How many retirement plans are there in veneer, plywood, & engineered wood product mfg?
73 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 102 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in veneer, plywood, & engineered wood product mfg?
The median defined contribution plan reported $51,603 in net assets per participant (middle half of plans: $35,306 to $84,888); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in veneer, plywood, & engineered wood product mfg?
The median defined contribution plan received $1,880 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in veneer, plywood, & engineered wood product mfg?
Among defined contribution plans that report any Schedule C compensation, the median was $146 per participant and 0.23% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.