Plan Ledger DOL Form 5500 · updated monthly

The Whiting-Turner Contracting Company401(k)

THE WHITING-TURNER CONTRACTING COMPANY HOURLY CRAFT 401(K) PLAN · TOWSON, MD · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

The Whiting-Turner Contracting Company reported $3,516 in plan administrative expenses for 2024: 0.19% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,652 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 0.22% to 0.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Maryland (1,496th of 1,671), and 4,704th of 5,337 in construction. In 2024, the employer put in $1.97 for every $1.00 employees contributed themselves; active participation has grown from 151 to 300 since 2022.

Plan summary
Net assets, end of year$2,421,953
Participants with balances306
Active participants300
Employer contributions$795,540
Employee contributions$402,903
Employer contribution per active participant$2,652
Average account balance$7,915
Benefits paid to participants$237,796
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.4M · 306 accts · $796K emplr
2023$1.3M · 209 accts · $311K emplr
2022$736K · 150 accts · $281K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,435
Total administrative$3,516
The The Whiting-Turner Contracting Company 401(k) match · 2024
Employer contribution per active participant$2,652
Median for plans this size$1,313
2024$2,652 per active participant
2023$1,371 per active participant
2022$1,858 per active participant

The Whiting-Turner Contracting Company's 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024$3,516 · 0.19%
2023$1,766 · 0.17%
2022$1,350 · 0.22%
Same employer
Similar plansConstruction · Maryland
J.W. & Sons, Inc. MD$2.5M · 0.50%
Sandy Excavating, Inc MD$2.4M · 0.09%
Thomas H. Ruark, Inc. MD$2.1M · 0.54%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 520529450 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.