Plan Ledger DOL Form 5500 · updated monthly

Bwxt Investment Company401(k)

BWXT THRIFT PLAN · LYNCHBURG, VA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Bwxt Investment Company reported $567,973 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $5,782 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 0.05% to 0.04%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other professional & technical services employers. By assets it is the 33rd-largest of 2,266 plans among Virginia employers on file, and the 114th of 11,654 in professional & technical services. In 2024, employees put in $1.49 for every $1.00 the employer contributed; active participation has grown from 4,894 to 6,437 since 2022.

Plan summary
Net assets, end of year$1,536,160,499
Participants with balances8,480
Active participants6,437
Employer contributions$37,217,430
Employee contributions$55,423,628
Employer contribution per active participant$5,782
Average account balance$181,151
Benefits paid to participants$118,538,710
Plan auditUnmodified (clean) audit opinion
AuditorBAUKNIGHT PIETRAS & STORMER, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$1.5B · 8,480 accts · $37.2M emplr
2023$1.3B · 7,439 accts · $33.3M emplr
2022$1.1B · 7,009 accts · $29.5M emplr
The Bwxt Investment Company 401(k) match · 2024
Employer contribution per active participant$5,782
Median for plans this size$5,259
2024$5,782 per active participant
2023$6,176 per active participant
2022$6,018 per active participant

Bwxt Investment Company's 2024 employer contribution ran above the $5,259 median for plans its size. 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
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$402,132
AON INVESTMENTS USA INC · Consulting$135,427
BAUKNIGHT PIETRAS & STORMER PA · Consulting$25,650
VANGUARD ADVISERS INC. · Investment advisory (participants)$21,483

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$567,973 · 0.04%
2023$538,152 · 0.05%
2022$611,240 · 0.05%
Same employer
Similar plansProfessional & Technical Services · Virginia
Peraton Corp. VA$2.5B · 0.06%
Amentum Services, Inc. VA$2.5B · 0.11%
Hunton Andrews Kurth LLP VA$1.3B · 0.01%
Framatome Inc. VA$1.3B · 0.05%
Guidehouse Inc. VA$1.3B · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 721172705 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.