Plan Ledger DOL Form 5500 · updated monthly

Building Crafts, Inc.401(k)

BUILDING CRAFTS, INC. RETIREMENT SAVINGS PLAN · WILDER, KY · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Building Crafts, Inc. reported $96,813 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $8,407 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 0.63% to 0.57%. 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 322nd-largest of 871 plans among Kentucky employers on file, and the 2,189th of 5,337 in construction. In 2024, the employer put in $3.29 for every $1.00 employees contributed themselves; active participation has grown from 159 to 209 since 2022.

Plan summary
Net assets, end of year$17,850,041
Participants with balances253
Active participants209
Employer contributions$1,757,134
Employee contributions$534,094
Employer contribution per active participant$8,407
Average account balance$70,554
Benefits paid to participants$2,275,328
Plan auditUnmodified (clean) audit opinion
AuditorRUDLER, PSC
Plan history3
Yearassets · accounts · employer contribution
2024$17.9M · 253 accts · $1.8M emplr
2023$15.9M · 215 accts · $1.3M emplr
2022$12.7M · 179 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,520
Investment management$39,619
Audit (IQPA)$9,250
Total administrative$96,813
The Building Crafts, Inc. 401(k) match · 2024
Employer contribution per active participant$8,407
Median for plans this size$2,416
2024$8,407 per active participant
2023$8,512 per active participant
2022$7,427 per active participant

Building Crafts, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
PENSION CORPORATION OF AMERICA · Accounting / audit · Contract administrator$47,945
PCA INVESTMENT ADVISORY SERVICES · Investment advisory (plan)$39,619
RUDLER PSC · Accounting / audit$9,250

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$96,813 · 0.57%
2023$78,378 · 0.55%
2022$85,269 · 0.63%
Similar plansConstruction · Kentucky
Denham-Blythe Co., Inc. KY$21.3M · 0.47%
Charah, LLC KY$21.2M · 0.53%
The Wells Group, LLC KY$19.6M · 0.12%
The Allen Company, Inc. KY$18.2M · 0.72%
Buzick Construction, Inc. KY$17.1M · 0.63%
Kelley Construction, Inc KY$16.0M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610841241 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.