Plan Ledger DOL Form 5500 · updated monthly

W.L. Butler Construction, Inc.401(k)

W. L. BUTLER CONSTRUCTION, INC. 401(K) PLAN · REDWOOD CITY, CA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

W.L. Butler Construction, Inc. reported $102,483 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $5,937 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 0.29% to 0.23%. 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 1,873rd-largest of 9,483 plans among California employers on file, and the 1,103rd of 5,337 in construction. In 2024, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$46,694,398
Participants with balances275
Active participants202
Employer contributions$1,199,173
Employee contributions$2,188,975
Employer contribution per active participant$5,937
Average account balance$169,798
Benefits paid to participants$5,815,644
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$46.7M · 275 accts · $1.2M emplr
2023$42.5M · 300 accts · $1.2M emplr
2022$37.0M · 305 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,483
Investment management$75,000
Total administrative$102,483
The W.L. Butler Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$5,937
Median for plans this size$2,416
2024$5,937 per active participant
2023$6,152 per active participant
2022$5,809 per active participant

W.L. Butler Construction, Inc.'s 2024 employer contribution ran above the $2,416 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.

Service providers · 20242
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$75,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,483

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$102,483 · 0.23%
2023$103,880 · 0.26%
2022$120,588 · 0.29%
Same employer
Similar plansConstruction · California
3 Day Blinds LLC CA$51.1M · 0.13%
The Raymond Group CA$48.9M · 0.21%
Bridge Housing Corporation CA$46.5M · 0.03%
Bigge Crane and Rigging Co. CA$44.9M · 0.23%
Lusardi Construction Co. CA$44.9M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943192655 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.