Plan Ledger DOL Form 5500 · updated monthly

Buffalo Construction Inc401(k)

BUFFALO CONSTRUCTION INC 401(K) PROFIT SHARING PLAN & TRUST · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Buffalo Construction Inc reported $56,629 in plan administrative expenses for 2024: 0.68% of average plan assets, above the peer median. Employer contributions averaged $3,752 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 3 years on file its reported administrative ratio has held roughly steady near 0.68%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Kentucky (508th of 871), and 3,248th of 5,337 in construction. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,949,848
Participants with balances188
Active participants144
Employer contributions$540,301
Employee contributions$969,906
Employer contribution per active participant$3,752
Average account balance$47,606
Benefits paid to participants$1,377,417
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 188 accts · $540K emplr
2023$7.7M · 172 accts · $534K emplr
2022$5.7M · 157 accts · $466K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,781
Investment management$36,988
Trustee / custodial$860
Total administrative$56,629
The Buffalo Construction Inc 401(k) match · 2024
Employer contribution per active participant$3,752
Median for plans this size$1,313
2024$3,752 per active participant
2023$3,866 per active participant
2022$3,327 per active participant

Buffalo Construction Inc's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PAYCHEX INC · Recordkeeping$19,045
CERITY PARTNERS RETIREMENT PLAN ADV · Investment advisory (participants)$33,977

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

Recordkeeper by year2
2024Paychex
2023ARGI INVESTMENT SERVICES, CERITY PARTNERS RETIREMENT PLAN ADV, Paychex

This plan has changed recordkeepers within these filings. If you left Buffalo Construction Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$56,629 · 0.68%
2023$47,646 · 0.71%
2022$39,659 · 0.71%
Similar plansConstruction · Kentucky
Cleary Construction, Inc. KY$9.5M · 0.44%
Holland Roofing, Inc. KY$9.4M · 0.04%
Paul Hemmer Company KY$9.4M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201807376 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.