Plan Ledger DOL Form 5500 · updated monthly

Eleven Western Builders, Inc.401(k)

ELEVEN WESTERN BUILDERS, INC. EMPLOYEE SAVINGS & PROTECTION PLAN · ESCONDIDO, CA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Eleven Western Builders, Inc. reported $33,892 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,921 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 0.40% to 0.33%. 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 among the smaller plans on file in California (5,225th of 9,483), and 2,967th of 5,337 in construction. In 2024, employees put in $2.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,881,153
Participants with balances162
Active participants146
Employer contributions$280,470
Employee contributions$812,095
Employer contribution per active participant$1,921
Average account balance$67,168
Benefits paid to participants$929,231
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 162 accts · $280K emplr
2023$9.6M · 154 accts · $315K emplr
2022$8.1M · 155 accts · $181K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,775
Investment management$31,117
Total administrative$33,892
The Eleven Western Builders, Inc. 401(k) match · 2024
Employer contribution per active participant$1,921
Median for plans this size$2,416
2024$1,921 per active participant
2023$2,320 per active participant
2022$1,250 per active participant

Eleven Western Builders, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
BETTERMENT FOR BUSINESS, LLC · Investment advisory (plan)$33,892

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$33,892 · 0.33%
2023$37,950 · 0.43%
2022$35,830 · 0.40%
Same employer
Similar plansConstruction · California
Synergy Companies CA$11.0M · 0.50%
Iron Mechanical, Inc. CA$11.0M · 0.69%
Urban Painting, Inc. CA$10.7M · 0.16%
Jpi Development Group, Inc. CA$10.6M · 0.17%
Mark III Construction, Inc. CA$10.6M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953792979 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.