Plan Ledger DOL Form 5500 · updated monthly

Walsh Construction Company401(k)

WALSH GROUP EMPLOYEES PROFIT SHARING PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Walsh Construction Company reported $849,041 in plan administrative expenses for 2024: 0.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,644 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 0.18% to 0.15%. 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 132nd-largest of 3,702 plans among Illinois employers on file, and the 112th of 5,337 in construction. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has grown from 4,002 to 4,511 since 2022.

Plan summary
Net assets, end of year$610,884,455
Participants with balances4,877
Active participants4,511
Employer contributions$16,440,221
Employee contributions$36,112,366
Employer contribution per active participant$3,644
Average account balance$125,258
Benefits paid to participants$43,308,121
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$610.9M · 4,877 accts · $16.4M emplr
2023$521.7M · 4,607 accts · $14.6M emplr
2022$416.4M · 4,331 accts · $13.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$400,575
Investment management$448,466
Total administrative$849,041
The Walsh Construction Company 401(k) match · 2024
Employer contribution per active participant$3,644
Median for plans this size$4,294
2024$3,644 per active participant
2023$3,112 per active participant
2022$3,285 per active participant

Walsh Construction Company's 2024 employer contribution ran below the $4,294 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 · 20242
JOHN HANCOCK RETIREMENT PLAN SRVCS · Recordkeeping · Loan processing$549,041
CENTAURUS FINANCIAL · Investment advisory (plan)$300,000

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$849,041 · 0.15%
2023$1,637,723 · 0.35%
2022$831,963 · 0.18%
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Source: U.S. Department of Labor, Form 5500 series, EIN 362231526 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.