Plan Ledger DOL Form 5500 · updated monthly

Buch Construction, Inc.401(k)

BUCH CONSTRUCTION, INC. EMPLOYEES' 401(K) PLAN · FULTON, MD · plan year 2024

Reported admin expense ratio · 2024
0.41%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Buch Construction, Inc. reported $78,876 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $2,850 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 rose from 0.10% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 618th-largest of 1,671 plans among Maryland employers on file, and the 1,922nd of 5,337 in construction. In 2024, employees put in $2.74 for every $1.00 the employer contributed; active participation has grown from 161 to 179 since 2022.

Plan summary
Net assets, end of year$21,500,381
Participants with balances141
Active participants179
Employer contributions$510,127
Employee contributions$1,397,431
Employer contribution per active participant$2,850
Average account balance$152,485
Benefits paid to participants$643,043
Plan auditUnmodified (clean) audit opinion
AuditorREGAN,SCHICKNER, & HARPER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$21.5M · 141 accts · $510K emplr
2023$17.1M · 133 accts · $460K emplr
2022$12.4M · 113 accts · $361K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,876
Total administrative$78,876
The Buch Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$2,850
Median for plans this size$2,416
2024$2,850 per active participant
2023$2,628 per active participant
2022$2,245 per active participant

Buch Construction, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
GLOBAL RETIREMENT PARTNERS LLCindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$78,876 · 0.41%
2023$65,932 · 0.45%
2022$13,114 · 0.10%
Same employer
Similar plansConstruction · Maryland
John C. Grimberg Co. Inc. MD$22.3M · 0.04%
Case Design/Remodeling,Inc. MD$22.1M · 0.49%
Concrete General, Inc. MD$21.1M · 0.56%
Kogok Corporation MD$19.7M · 0.40%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 521462035 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.