Plan Ledger DOL Form 5500 · updated monthly

Walbridge Aldinger Company401(k)

WALBRIDGE PROFIT SHARING 401(K) PLAN · DETROIT, MI · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Walbridge Aldinger Company reported $11,881 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,457 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 3 years on file its reported administrative ratio has held roughly steady near 0.008%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 187th-largest of 2,619 plans among Michigan employers on file, and the 424th of 5,337 in construction. In 2024, employees put in $2.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$158,100,491
Participants with balances1,354
Active participants1,074
Employer contributions$3,712,488
Employee contributions$10,029,386
Employer contribution per active participant$3,457
Average account balance$116,766
Benefits paid to participants$18,443,607
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$158.1M · 1,354 accts · $3.7M emplr
2023$143.4M · 1,243 accts · $3.4M emplr
2022$117.9M · 1,271 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,881
Total administrative$11,881
The Walbridge Aldinger Company 401(k) match · 2024
Employer contribution per active participant$3,457
Median for plans this size$3,635
2024$3,457 per active participant
2023$3,582 per active participant
2022$2,601 per active participant

Walbridge Aldinger Company's 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,881

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$11,881 · 0.01%
2023$11,381 · 0.01%
2022$10,575 · 0.01%
Same employer
Similar plansConstruction · Michigan
Belfor USA Group, Inc. MI$173.2M · 0.17%
Cci Systems, Inc. MI$165.5M · 0.01%
The Christman Company MI$136.4M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381141440 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.