Plan Ledger DOL Form 5500 · updated monthly

Tutor Perini Corporation401(k)

TUTOR PERINI 401(K) RETIREMENT SAVINGS PLAN · SYLMAR, CA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Tutor Perini Corporation reported $424,635 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $1,918 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 0.12% to 0.10%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 277th-largest of 9,483 plans among California employers on file, and the 151st of 5,337 in construction. In 2024, employees put in $3.38 for every $1.00 the employer contributed; active participation has grown from 2,451 to 3,033 since 2022.

Plan summary
Net assets, end of year$471,083,955
Participants with balances4,022
Active participants3,033
Employer contributions$5,816,279
Employee contributions$19,632,272
Employer contribution per active participant$1,918
Average account balance$117,127
Benefits paid to participants$45,198,151
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$471.1M · 4,022 accts · $5.8M emplr
2023$420.6M · 2,910 accts · $3.7M emplr
2022$360.1M · 2,616 accts · $4.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$155,354
Audit (IQPA)$19,000
Total administrative$424,635
The Tutor Perini Corporation 401(k) match · 2024
Employer contribution per active participant$1,918
Median for plans this size$4,294
2024$1,918 per active participant
2023$1,190 per active participant
2022$1,778 per active participant

Tutor Perini Corporation's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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 · 20243
T ROWE PRICE RPS INC · Recordkeeping · Trustee$158,875
MILLER, KAPLAN, ARASE & CO., LLP · Accounting / audit$19,000
CHARLES SCHWAB & CO., INC. · Securities brokerage$282

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$424,635 · 0.10%
2023$429,905 · 0.11%
2022$499,247 · 0.12%
Same employer
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J. F. Shea Company, Inc. CA$482.7M · 0.07%
Kb Home CA$390.9M

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Source: U.S. Department of Labor, Form 5500 series, EIN 041717070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.