Plan Ledger DOL Form 5500 · updated monthly

The Weitz Company, LLC401(k)

THE WEITZ RETIREMENT AND 401(K) PLAN · DES MOINES, IA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

The Weitz Company, LLC reported $202,166 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $3,106 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 0.12% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 66th-largest of 878 plans among Iowa employers on file, and the 447th of 5,337 in construction. In 2024, employees put in $3.13 for every $1.00 the employer contributed; active participation has grown from 903 to 1,191 since 2022.

Plan summary
Net assets, end of year$149,594,907
Participants with balances1,612
Active participants1,191
Employer contributions$3,699,070
Employee contributions$11,560,796
Employer contribution per active participant$3,106
Average account balance$92,801
Benefits paid to participants$19,193,736
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$149.6M · 1,612 accts · $3.7M emplr
2023$134.5M · 1,517 accts · $2.8M emplr
2022$117.3M · 1,305 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$140,263
Investment management$61,903
Total administrative$202,166
The The Weitz Company, LLC 401(k) match · 2024
Employer contribution per active participant$3,106
Median for plans this size$3,635
2024$3,106 per active participant
2023$2,334 per active participant
2022$2,595 per active participant

The Weitz Company, LLC's 2024 employer contribution ran below the $3,635 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$140,132
CAPFINANCIAL PARTNERS LL · Contract administrator · Investment advisory (plan)$61,903

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$202,166 · 0.14%
2023$176,381 · 0.14%
2022$160,272 · 0.12%
Same employer
Similar plansConstruction · Iowa
Baker Mechanical, Inc. IA$227.8M · 0.09%
The Waldinger Corporation IA$198.7M · 0.07%
Harbor Group Inc. IA$141.5M · 0.16%
Manatts, Inc. IA$130.7M · 0.10%
Peterson Contractors, Inc. IA$76.4M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421512625 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.