Plan Ledger DOL Form 5500 · updated monthly

Build Incorporated401(k)

BUILD INC. EMPLOYEES RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Build Incorporated reported $5,457 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $457 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 fell from 0.95% to 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Illinois (3,327th of 3,702), and 2,815th of 3,341 in other services. In 2024, employees put in $3.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,248,598
Participants with balances110
Active participants197
Employer contributions$90,048
Employee contributions$300,577
Employer contribution per active participant$457
Average account balance$20,442
Benefits paid to participants$58,254
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$2.2M · 110 accts · $90K emplr
2022$798K · 92 accts · $52K emplr
Administrative expenses, itemized · 2024
Investment management$5,457
Total administrative$5,457
The Build Incorporated 401(k) match · 2024
Employer contribution per active participant$457
Median for plans this size$1,313
2024$457 per active participant
2022$228 per active participant

Build Incorporated's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20244
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$2,031
MAP RETIREMENT OF ILLIANA INC · Other servicesindirect comp
MORNINGSTAR · Investment advisory (plan)indirect comp

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

Administrative cost history2
2024$5,457 · 0.28%
2022$6,342 · 0.95%
Same employer
Similar plansOther Services · Illinois
Linen King IL$2.7M · 0.97%
Lechner & Sons, Inc. IL$2.6M · 0.49%
The Night Ministry IL$2.5M · 0.94%
Track Group Americas IL$1.9M · 1.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237022085 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.