Plan Ledger DOL Form 5500 · updated monthly

White Cap, L.P.401(k)

WHITE CAP 401(K) RETIREMENT PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

White Cap, L.P. reported $1,341,230 in plan administrative expenses for 2024: 0.19% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,773 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 0.26% to 0.19%. 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 52nd-largest of 2,160 plans among Georgia employers on file, and the 80th of 5,337 in construction. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 8,527 to 9,511 since 2022.

Plan summary
Net assets, end of year$782,092,918
Participants with balances11,046
Active participants9,511
Employer contributions$26,370,822
Employee contributions$55,113,748
Employer contribution per active participant$2,773
Average account balance$70,803
Benefits paid to participants$56,126,512
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$782.1M · 11,046 accts · $26.4M emplr
2023$595.1M · 10,872 accts · $23.8M emplr
2022$479.2M · 10,391 accts · $19.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,214,172
Audit (IQPA)$23,100
Trustee / custodial$87,399
Total administrative$1,341,230
The White Cap, L.P. 401(k) match · 2024
Employer contribution per active participant$2,773
Median for plans this size$4,294
2024$2,773 per active participant
2023$2,741 per active participant
2022$2,324 per active participant

White Cap, L.P.'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 · 20244
ALIGHT SOLUTIONS LLC · Recordkeeping$1,214,172
NORTHERN TRUST COMPANY · Trustee$87,399
BENNETT THRASHER LLP · Accounting / audit$23,100
SMITH, GAMBRELL & RUSSELL · Legal$16,559

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

Recordkeeper by year2
2024Alight
2023Alight

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

Administrative cost history3
2024$1,341,230 · 0.19%
2023$1,294,734 · 0.24%
2022$1,111,901 · 0.26%
Same employer
Similar plansConstruction · Georgia
Pultegroup, Inc. GA$1.3B · 0.05%
Tk Elevator Corporation GA$667.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260100647 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.