Plan Ledger DOL Form 5500 · updated monthly

Builders Design, LLC401(k)

BUILDERS DESIGN, LLC 401(K) PLAN · ROCKVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
0.46%

Builders Design, LLC reported $14,277 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. 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 0.88% to 0.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (1,411th of 1,671), and 10,444th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$3,257,825
Participants with balances83
Active participants86
Employer contributions—
Employee contributions$428,654
Employer contribution per active participant—
Average account balance$39,251
Benefits paid to participants$437,273
Plan auditUnmodified (clean) audit opinion
AuditorGO TAX SERVICES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 83 accts
2023$3.0M · 102 accts
2022$2.4M · 113 accts
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 · 20243
ADP, INC. · Recordkeeping$10,566
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$3,110
ADP, INC. · Loan processing$600

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$14,277 · 0.46%
2023$26,099 · 0.98%
2022$23,685 · 0.88%
Similar plansProfessional & Technical Services · Maryland
Strativia, LLC MD$3.6M · 1.50%
Samcart MD$3.4M · 0.15%
Telnet, Inc. MD$3.2M · 0.50%
Ciconix, LLC MD$3.1M · 1.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 521074723 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.