Plan Ledger DOL Form 5500 · updated monthly

Wright Brothers Construction Company, Inc.401(k)

WRIGHT BROTHERS CONSTRUCTION COMPANY, INC. 401(K) PROFIT SHARING PLAN · CHARLESTON, TN · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Wright Brothers Construction Company, Inc. reported $96,630 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $537 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 0.40%. 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 465th-largest of 1,496 plans among Tennessee employers on file, and the 1,708th of 5,337 in construction. In 2024, employees put in $4.67 for every $1.00 the employer contributed; active participation has grown from 484 to 857 since 2022.

Plan summary
Net assets, end of year$25,606,322
Participants with balances669
Active participants857
Employer contributions$460,000
Employee contributions$2,149,077
Employer contribution per active participant$537
Average account balance$38,276
Benefits paid to participants$1,705,915
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.6M · 669 accts · $460K emplr
2023$22.5M · 547 accts · $401K emplr
2022$19.6M · 445 accts · $350K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,448
Investment management$63,182
Total administrative$96,630
The Wright Brothers Construction Company, Inc. 401(k) match · 2024
Employer contribution per active participant$537
Median for plans this size$2,416
2024$537 per active participant
2023$769 per active participant
2022$723 per active participant

Wright Brothers Construction Company, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$58,818

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$96,630 · 0.40%
2023$80,793 · 0.38%
2022$84,289 · 0.39%
Same employer
Similar plansConstruction · Tennessee
Upright Holdings, Inc. TN$27.3M · 0.37%
Bldr Holdings, Inc TN$26.2M · 0.33%
Binswanger Enterprises, LLC TN$25.6M · 0.55%
Massey Construction, Inc. TN$21.7M · 0.56%
Slc Holding Company, LLC TN$21.2M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620860614 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.