Weekley Homes 401(k) match, vesting and fees
What Weekley Homes' 401(k) plan says about matching contributions
The Company may make discretionary matching contributions to the Plan. In 2024, the Company elected to make matching contributions in the amount of 100% of the participant’s contributions up to 8% of each participant’s compensation in each of the four respective quarters within the plan year resulting in employer contributions of $14,143,789.
Quoted directly from the filing. Plan terms may have changed; check your current Summary Plan Description.
Plan features
Indented passages are quoted word for word from the audit report; plan terms may have changed since, so check your current Summary Plan Description.
| Employer match | Quoted from the filing above | 2024 audit report, p. 25 ↗ |
| Match vesting | Vesting: Participants are immediately vested in their voluntary contributions and investment earnings thereon. Participants become 20% vested for employer matching and profit sharing contributions and earnings thereon after one year of credited service and vest an additional 20% for each year of service thereafter until they are fully vested after completion of five years of service. In addition, each employee becomes 100% vested upon death, disability or attaining normal retirement age. | 2024 audit report, p. 26 ↗ |
| Automatic enrollment | Unless otherwise elected, each eligible participant will automatically have 4% of defined compensation before taxes deferred into the Plan upon meeting eligibility requirements and the participant’s automatic deferral percentage shall be increased as of the first day of each plan year by 1%, up to a maximum of 8%. | 2024 audit report, p. 25 ↗ |
| Loans | Notes receivable from participants: Participants are allowed to borrow a minimum of $1,000 and a maximum of $50,000 from their fund accounts, up to 50% of the participant’s vested account balance. | 2024 audit report, p. 26 ↗ |
| Recordkeeper | Milliman, Inc. | 2025 Schedule C ↗ |
| Independent auditor | Rsm US LLP (unmodified opinion, limited scope) | 2025 Schedule H ↗ |
| Plan type and status | 401(k) · Active | 2025 Form 5500 ↗ |
Match, vesting and other plan features are from the plan year 2024 filing's audit report (the latest one extracted so far). Rows cited to the Form 5500 and its schedules are from the plan year 2025 filing.
How the plan compares
Plan year 2025 medians for 98 defined-contribution plans in construction with 1,000 to 4,999 participants.
| Weekley Homes: employer contribution per participant | $7,183 | |
| Peer median | $3,042 |
| Weekley Homes: average balance | $212,702 | |
| Peer median | $88,965 |
| Weekley Homes: admin expenses ÷ assets | 0.09% | |
| Peer median | 0.18% |
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 $339M at the end of plan year 2021 to $479M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 2,288 | $479M | $16.2M | $7,183 | 0.09% | Not published | Form 5500 ↗ |
| 2024 | 2,229 | $413M | $14.1M | $6,455 | 0.11% | Quoted in the audit report, p. 25 ↗ | Form 5500 ↗ |
| 2023 | 2,142 | $356M | $13.3M | $6,310 | 0.12% | Not published | Form 5500 ↗ |
| 2022 | 2,149 | $308M | $12.5M | $5,867 | 0.11% | Not published | Form 5500 ↗ |
| 2021 | 2,099 | $339M | $12.1M | $5,802 | 0.04% | Not published | Form 5500 ↗ |
Common questions
Does Weekley Homes match 401(k) contributions?
The audit report attached to the Weekley Homes 401(k) Plan's plan year 2024 Form 5500, page 25 says: “The Company may make discretionary matching contributions to the Plan. In 2024, the Company elected to make matching contributions in the amount of 100% of the participant’s contributions up to 8% of each participant’s compensation in each of the four respective quarters within the plan year resulting in employer contributions of $14,143,789.” Plan terms may have changed; check your current Summary Plan Description.
When is the Weekley Homes 401(k) match vested?
The audit report attached to the plan year 2024 Form 5500, page 26 says: “Vesting: Participants are immediately vested in their voluntary contributions and investment earnings thereon. Participants become 20% vested for employer matching and profit sharing contributions and earnings thereon after one year of credited service and vest an additional 20% for each year of service thereafter until they are fully vested after completion of five years of service. In addition, each employee becomes 100% vested upon death, disability or attaining normal retirement age.”
Who manages the Weekley Homes 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Milliman, Inc.. The plan administrator is Weekley Homes LLC.
I left Weekley Homes. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Weekley Homes LLC, (713) 963-0500) or the recordkeeper, Milliman, Inc.. The Weekley Homes old 401(k) page lists the contacts from every plan filing. Find an old Weekley Homes 401(k)
Data from the public Form 5500 annual reports Weekley Homes 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 Weekley Homes. Not financial advice. Report a correction · Methodology