Plan Ledger DOL Form 5500 · updated monthly

Built Technologies401(k)

BUILT TECHNOLOGIES 401(K) PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Built Technologies reported $69,502 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,916 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 2.20% to 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 700th-largest of 1,496 plans among Tennessee employers on file, and 6,758th of 11,654 in professional & technical services. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has shrunk from 431 to 256 since 2022.

Plan summary
Net assets, end of year$14,260,422
Participants with balances344
Active participants256
Employer contributions$1,514,471
Employee contributions$2,870,446
Employer contribution per active participant$5,916
Average account balance$41,455
Benefits paid to participants$2,310,870
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 344 accts · $1.5M emplr
2023$9.4M · 386 accts · $642K emplr
2022$4.1M · 455 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,075
Investment management$2,427
Total administrative$69,502
The Built Technologies 401(k) match · 2024
Employer contribution per active participant$5,916
Median for plans this size$2,416
2024$5,916 per active participant
2023$1,987 per active participant

Built Technologies'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$67,075

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$69,502 · 0.59%
2023$46,538 · 0.69%
2022$68,205 · 2.20%
Same employer
Similar plansProfessional & Technical Services · Tennessee
The White Stone Group, Inc. TN$15.2M · 0.34%
Xsolis, Inc. TN$14.6M · 0.58%
Harrow Health Inc TN$14.5M · 0.80%
Trc Worldwide Engineering TN$14.4M · 0.25%
Avertium, LLC TN$13.3M · 0.52%
Blankenship CPA Group, PLLC TN$13.0M · 0.48%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 465659224 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.