Byrne Electrical Specialists 401(k) match, vesting and fees
What Byrne Electrical Specialists' 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 | The Retirement Plan Company | Schedule C ↗ |
| Independent auditor | Bdo USA, P.A. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 523 defined-contribution plans in construction with 500 to 999 participants.
| Byrne Electrical Specialists: employer contribution per participant | $236 | |
| Peer median | $2,361 |
| Byrne Electrical Specialists: average balance | $19,852 | |
| Peer median | $60,193 |
| Byrne Electrical Specialists: admin expenses ÷ assets | 0.64% | |
| Peer median | 0.31% |
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 $10.8M at the end of plan year 2021 to $12.5M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 762 | $12.5M | $149K | $236 | 0.64% | Not published | Form 5500 ↗ |
| 2023 | 706 | $10.9M | $155K | $304 | 0.83% | Not published | Form 5500 ↗ |
| 2022 | 829 | $9.3M | $175K | $259 | 0.68% | Not published | Form 5500 ↗ |
| 2021 | 671 | $10.8M | $45K | $88 | 0.63% | Not published | Form 5500 ↗ |
Common questions
Does Byrne Electrical Specialists match 401(k) contributions?
The match terms for the Byrne Electrical Specialists, Inc. Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $149K in employer contributions, about $236 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Byrne Electrical Specialists 401(k) match vested?
The vesting schedule for the Byrne Electrical Specialists, Inc. Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Byrne Electrical Specialists 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is The Retirement Plan Company. The plan administrator is Byrne Electrical Specialists, Inc..
I left Byrne Electrical Specialists. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Byrne Electrical Specialists, Inc., (616) 866-3461) or the recordkeeper, The Retirement Plan Company. The Byrne Electrical Specialists old 401(k) page lists the contacts from every plan filing. Find an old Byrne Electrical Specialists 401(k)
Data from the public Form 5500 annual reports Byrne Electrical Specialists filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) 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 Byrne Electrical Specialists. Not financial advice. Report a correction · Methodology