Wadsworth Brothers Construction Company, Inc.Profit-sharing plan
WADSWORTH BROTHERS CONSTRUCTION COMPANY, INC. PROFIT SHARING PLAN · DRAPER, UT · plan year 2024
Wadsworth Brothers Construction Company, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $24,594,605 across 721 participant accounts, with employer contributions averaging $9,101 per active participant. See methodology for what Form 5500 does and doesn't capture.
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 258th-largest of 848 plans among Utah employers on file, and the 1,756th of 5,337 in construction. active participation has grown from 266 to 347 since 2022.
Wadsworth Brothers Construction Company, 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.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 870484162 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.