Building People 401(k) match, vesting and fees
What Building People's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Annuity Insurance Company | Schedule C ↗ |
| Independent auditor | Sikich Cpa LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 1,379 defined-contribution plans in real estate and rental and leasing with 100 to 499 participants.
| Building People: employer contribution per participant | $2,851 | |
| Peer median | $1,680 |
| Building People: average balance | $41,732 | |
| Peer median | $52,722 |
| Building People: admin expenses ÷ assets | 0.92% | |
| Peer median | 0.39% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $4.3M at the end of plan year 2021 to $11.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 497 | $11.9M | $813K | $2,851 | 0.92% | Not published | Form 5500 ↗ |
| 2023 | 445 | $7.2M | $707K | $2,932 | 0.95% | Not published | Form 5500 ↗ |
| 2022 | 382 | $5M | $516K | $2,605 | 1.03% | Not published | Form 5500 ↗ |
| 2021 | 305 | $4.3M | $403K | $2,569 | 1.03% | Not published | Form 5500 ↗ |
Other Building People plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
The Building People, LLC Union 401(k) Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Common questions
Does Building People match 401(k) contributions?
The match terms for the The Building People, LLC 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $813K in employer contributions, about $2,851 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Building People 401(k) match vested?
The vesting schedule for the The Building People, LLC 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Building People 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is The Building People, LLC.
I left Building People. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (The Building People, LLC, (703) 669-2222) or the recordkeeper, Empower Annuity Insurance Company. The Building People old 401(k) page lists the contacts from every plan filing. Find an old Building People 401(k)
Data from the public Form 5500 annual reports Building People filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Building People. Not financial advice. Report a correction · Methodology