Plan Ledger DOL Form 5500 · updated monthly

Welbro Building Corporation401(k)

PROFIT SHARING/401(K) PLAN AND TRUST FOR EMPLOYEES OF WELBRO BUILDING CORPORATION · MAITLAND, FL · plan year 2022

Reported admin expense ratio · 2022
0.23%

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

Welbro Building Corporation reported $33,575 in plan administrative expenses for 2022: 0.23% of average plan assets, below the peer median. Employer contributions averaged $0 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is the 1,514th-largest of 3,644 plans among Florida employers on file, and 2,705th of 5,337 in construction.

Plan summary
Net assets, end of year$12,854,686
Participants with balances99
Active participants85
Employer contributions$0
Employee contributions$417,270
Employer contribution per active participant$0
Average account balance$129,845
Benefits paid to participants$1,185,524
Plan auditUnmodified (clean) audit opinion
AuditorREHMANN LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$33,575
Total administrative$33,575
The Welbro Building Corporation 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$2,266

Welbro Building Corporation's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$33,575 · 0.23%
Similar plansConstruction · Florida
C. Davis Electric Co., Inc. FL$13.7M · 0.39%
Borrell Electric Co., Inc. FL$12.6M · 0.50%
Johnson-Davis Incorporated FL$12.3M · 0.09%
Cast-Crete USA, LLC FL$12.3M · 0.60%
Ryan Incorporated Southern FL$12.2M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593483018 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.