Black & Veatch Holding Company401(k) + ESOP (KSOP)
BLACK & VEATCH RETIREMENT PROGRAM · OVERLAND PARK, KS · plan year 2023
Reported admin expense ratio · 2023
0.07%
Peer grade: B+· admin costs + employer contributions vs same-size plans · how grading works
Black & Veatch Holding Company reported $1,690,273 in plan administrative expenses for 2023: 0.07% of average plan assets, above the peer median. Employer contributions averaged $15,427 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 2 years on file its reported administrative ratio has held roughly steady near 0.067%. The plan sits in the over $1B size bracket, benchmarked here against 1,075 comparable plans and shown alongside other professional & technical services employers. By assets it is the 5th-largest of 828 plans among Kansas employers on file, and the 54th of 11,654 in professional & technical services. In 2023, the employer put in $1.29 for every $1.00 employees contributed themselves.
Plan summary
Net assets, end of year$2,732,675,203
Participants with balances10,328
Active participants7,191
Employer contributions$110,936,116
Employee contributions$86,215,491
Employer contribution per active participant$15,427
The Black & Veatch Holding Company 401(k) match · 2023
Employer contribution per active participant$15,427
Median for plans this size$5,237
2023$15,427 per active participant
2022$9,760 per active participant
Black & Veatch Holding Company's 2023 employer contribution ran above the $5,237 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
What these fees cost you
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Source: U.S. Department of Labor, Form 5500 series, EIN 431603954 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.