Plan Ledger DOL Form 5500 · updated monthly

Uniwest Construction, Inc.401(k)

UNIWEST EMPLOYEE 401(K) & PROFIT SHARING PLAN · FALLS CHURCH, VA · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Uniwest Construction, Inc. reported $54,243 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,021 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 0.45% to 0.36%. 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 the 1,125th-largest of 2,266 plans among Virginia employers on file, and the 2,324th of 5,337 in construction. In 2024, employees put in $3.09 for every $1.00 the employer contributed; active participation has grown from 162 to 222 since 2022.

Plan summary
Net assets, end of year$16,308,232
Participants with balances338
Active participants222
Employer contributions$226,617
Employee contributions$700,424
Employer contribution per active participant$1,021
Average account balance$48,249
Benefits paid to participants$424,600
Plan auditUnmodified (clean) audit opinion
AuditorCBIZ CPA P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 338 accts · $227K emplr
2023$14.2M · 293 accts · $190K emplr
2022$12.7M · 209 accts · $163K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,028
Investment management$2,215
Total administrative$54,243
The Uniwest Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$1,021
Median for plans this size$2,416
2024$1,021 per active participant
2023$852 per active participant
2022$1,005 per active participant

Uniwest Construction, Inc.'s 2024 employer contribution ran below the $2,416 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
EMPOWER ADVISORY GROUP, LLC · Investment management$2,215
KESTRA INVESTMENT SERVICES LLCindirect comp

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$54,243 · 0.36%
2023$56,032 · 0.42%
2022$62,224 · 0.45%
Similar plansConstruction · Virginia
F.G. Pruitt, Inc. VA$18.0M · 0.41%
C.W. Strittmatter, Inc. VA$16.2M · 0.48%
Bowa Builders, Inc. VA$16.0M · 0.48%
Nycom, Inc. VA$15.5M · 0.01%
Lanford Brothers Company VA$15.3M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 541359254 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.