Plan Ledger DOL Form 5500 · updated monthly

Building Inspection Underwriters, Inc.401(k)

BUILDING INSPECTION UNDERWRITERS, INC. RETIREMENT SAVINGS PLAN · FEASTERVILLE, PA · plan year 2022

Reported admin expense ratio · 2022
0.16%

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

Building Inspection Underwriters, Inc. reported $6,439 in plan administrative expenses for 2022: 0.16% of average plan assets, below the peer median. Employer contributions averaged $385 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 0.16% to 0.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Pennsylvania (3,092nd of 3,651), and 2,541st of 3,341 in other services. In 2022, employees put in $5.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,576,616
Participants with balances105
Active participants78
Employer contributions$30,000
Employee contributions$152,838
Employer contribution per active participant$385
Average account balance$34,063
Benefits paid to participants$257,685
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 82 accts · $30K emplr
2023$3.2M · 104 accts · $30K emplr
2022$3.6M · 105 accts · $30K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,439
Total administrative$6,439
The Building Inspection Underwriters, Inc. 401(k) match · 2022
Employer contribution per active participant$385
Median for plans this size$1,114
2024$366 per active participant
2023$400 per active participant
2022$385 per active participant

Building Inspection Underwriters, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$10,825 · 0.33%
2023$8,178 · 0.24%
2022$6,439 · 0.16%
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Classic Coachwork, Inc. PA$3.6M · 0.01%
Nueva Esperanza, Inc. PA$3.3M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232047825 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.