Industry · Form 5500 business code 236110
Residential Building Construction: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
For plan year 2024, 325 retirement plans in residential building construction with 100 or more participants filed Form 5500: 323 defined contribution and 2 defined benefit. They reported 242,806 participant records and $20.2B in net assets, counting every plan on the form.
The median defined contribution plan held $56,649 per participant, above the national median of $53,031, and its employer put in $2,706 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $178 per participant against $123 nationally.
Employers contributed $595M and participants $1.13B during the year, and the plans paid out $1.61B in benefits.
In 2009 the same group numbered 255 plans with $4.34B; by 2024 it was 325 plans (up 27%) and $20.2B (up 365%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $56,649 | $53,031 | $80,519 | $86,234 |
| Employer contributions per active participant | $2,706 | $2,174 | $18,202 | $10,244 |
| Schedule C compensation per participant | $178 | $123 | $381 | $344 |
| Schedule C compensation, share of net assets | 0.35% | 0.26% | 0.54% | 0.42% |
| Administrative expenses per participant | $171 | $116 | $498 | $527 |
Medians across plans with 100 or more participants (300 DC and 2 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $32,418 | $56,649 | $88,904 | 300 |
| Employer contributions per active participant | $1,567 | $2,706 | $4,092 | 292 |
| Schedule C compensation per participant | $93.54 | $178 | $289 | 272 |
| Administrative expenses per participant | $88.44 | $171 | $275 | 287 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2025partial | 44 | 37,115 | $3.58B | $98.4M | $170M | $88,984 | $216 |
| 2024 | 325 | 242,806 | $20.2B | $595M | $1.13B | $56,649 | $178 |
| 2023 | 319 | 228,495 | $17.7B | $537M | $1.03B | $52,750 | $151 |
| 2022 | 379 | 240,072 | $14.3B | $494M | $990M | $36,335 | $130 |
| 2021 | 361 | 217,462 | $15.9B | $402M | $845M | $44,972 | $126 |
| 2020 | 322 | 191,833 | $13.0B | $343M | $702M | $38,646 | $105 |
| 2019 | 302 | 203,412 | $11.3B | $345M | $716M | $36,946 | $97.66 |
| 2018 | 305 | 195,596 | $9.28B | $341M | $639M | $31,372 | $74.90 |
| 2017 | 277 | 177,308 | $9.71B | $293M | $546M | $37,977 | $68.90 |
| 2016 | 252 | 166,065 | $7.68B | $260M | $483M | $34,705 | $52.02 |
| 2015 | 237 | 152,728 | $6.80B | $241M | $427M | $31,482 | $53.58 |
| 2014 | 229 | 149,488 | $6.59B | $207M | $371M | $29,903 | $47.50 |
| 2013 | 210 | 140,710 | $5.98B | $162M | $303M | $31,647 | $36.67 |
| 2012 | 196 | 121,170 | $5.06B | $129M | $209M | $28,473 | $47.10 |
| 2011 | 206 | 127,629 | $4.92B | $108M | $195M | $24,985 | $51.88 |
| 2010 | 232 | 140,938 | $5.19B | $118M | $204M | $23,512 | $49.41 |
| 2009 | 255 | 148,101 | $4.34B | $112M | $219M | $21,591 | $53.34 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 326 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 326 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Lennar Corporation 401(k) Plan | Lennar Corporation | FL | DC | 17,493 | $1.62B | $92,484 | $5,497 | $26.11 |
| D.R. Horton, Inc. Profit Sharing Plus Plan | D.R. Horton, Inc. | TX | DC | 17,416 | $1.42B | $81,293 | $3,007 | $63.92 |
| White Cap 401(k) Retirement Plan | White Cap, L.P. | GA | DC | 13,407 | $934M | $69,635 | $2,933 | $121 |
| Pultegroup, Inc. 401(k) Plan | Pultegroup, Inc. | GA | DC | 11,424 | $1.27B | $111,320 | $4,490 | $49.60 |
| NVR, Inc. Profit Sharing Plan | NVR, Inc. | VA | DC | 8,917 | $1.03B | $114,984 | $756 | $61.57 |
| NVR, Inc. Employee Stock Ownership Plan | NVR, Inc. | VA | DC | 8,716 | $1.33B | $152,953 | $4,148 | $4.34 |
| Toll Brothers 401(k) Savings Plan | Toll Bros., Inc. | PA | DC | 6,814 | $728M | $106,811 | $3,881 | $55.78 |
| Core & Main 401(k) Retirement Plan | Core & Main | MO | DC | 6,332 | $500M | $79,023 | $2,408 | $143 |
| Taylor Morrison 401(k) Savings Plan | Taylor Morrison, Inc. | AZ | DC | 4,483 | $370M | $82,640 | $4,743 | $146 |
| KB Home 401(k) Savings Plan | KB Home | CA | DC | 3,380 | $391M | $115,666 | $3,857 | — |
| Hovnanian Savings and Investment Retirement Plan | Hovnanian Enterprises, Inc. | NJ | DC | 3,080 | $439M | $142,471 | $4,603 | $15.30 |
| West Shore Home, LLC 401(k) Plan | West Shore Home, LLC | PA | DC | 3,049 | $62.2M | $20,413 | $2,370 | $134 |
| Synergos Companies 401(k) Plan | Synergos Companies LLC | AZ | DC | 2,894 | $36.3M | $12,543 | $675 | $94.79 |
| Gray Retirement Savings Plan | Gray Construction, Inc. | KY | DC | 2,853 | $209M | $73,110 | $28 | $106 |
| J. F. Shea Company, Inc. Retirement Savings Plan | J. F. Shea Company, Inc. | CA | DC | 2,677 | $483M | $180,303 | $4,775 | $115 |
| Meritage Homes Corporation 401(k) Savings Plan | Meritage Homes Corporation | AZ | DC | 2,641 | $210M | $79,445 | $4,129 | $78.52 |
| Century Communities, Inc. 401(k) Plan | Century Communities, Inc. | CO | DC | 2,446 | $113M | $46,265 | $2,374 | $53.41 |
| M/i Homes, Inc. 401(k) Profit Sharing Plan | M/i Homes, Inc. | OH | DC | 2,444 | $216M | $88,437 | $2,816 | $3.17 |
| Tri Pointe Group 401(k) Profit Sharing Plan | Tri Pointe Homes Holdings, Inc. | CA | DC | 2,292 | $191M | $83,384 | $3,575 | $168 |
| Weekley Homes 401(k) Plan | Weekley Homes LLC | TX | DC | 2,288 | $479M | $209,448 | $9,322 | $227 |
| Beazer Homes USA, Inc. 401(k) Plan | Beazer Homes USA, Inc. | GA | DC | 2,006 | $188M | $93,928 | $2,483 | $116 |
| Perry Homes, LLC 401(k) Profit Sharing Plan | Perry Homes, LLC | TX | DC | 1,944 | $108M | $55,488 | $2,551 | $80.43 |
| Stanley Martin 401(k) Plan | Stanley Martin Homes, LLC | VA | DC | 1,823 | $114M | $62,321 | $3,048 | $90.39 |
| Rba Custom Windows 401(k) Plan | Garden State Custom Windows, LLC | NJ | DC | 1,817 | $28.8M | $15,827 | $528 | $64.40 |
| Ashton Woods Homes Retirement Savings Plan | Ashton Woods USA, LLC. | GA | DC | 1,797 | $118M | $65,868 | $2,890 | $76.61 |
| Precision Walls, Inc. Employee Stock Ownership Plan | Precision Walls, Inc. | NC | DC | 1,787 | $141M | $78,679 | $1,079 | — |
| Gray, Inc. Employee Stock Ownership Plan | Gray, Inc. | KY | DC | 1,757 | $177M | $100,963 | $6,400 | $162 |
| Enviva Inc. 401(k) Plan | Enviva Inc. | MD | DC | 1,664 | $65.6M | $39,429 | $1,588 | $109 |
| DWH Owners Plan | DWH Owners Plan | TX | DC | 1,366 | $302M | $221,031 | $2,560 | — |
| HHS Human Capital, Inc. 401(k) Plan | HHS Human Capital, Inc. | TX | DC | 1,241 | $140M | $112,471 | $3,825 | $202 |
| Kenyon Companies 401(k) Plan | Kenyon Companies, Inc. | AZ | DC | 1,210 | $35.7M | $29,506 | $770 | $64.52 |
| The Window Nation 401(k) and Profit Sharing Plan | Window Nation LLC | MD | DC | 1,196 | $15.5M | $12,928 | $693 | $149 |
| Circle M Contractors, Inc. 401(k) Plan | Circle M Contractors, Inc. | CA | DC | 1,193 | — | — | — | — |
| Corvias Savings & Retirement Plan | Corvias Corporate Services, LLC | RI | DC | 1,190 | $77.9M | $65,445 | $3,037 | $184 |
| Fischer Homes 401(k) Profit Plus Plan and Trust | Fischer Management, LLC | KY | DC | 1,103 | $94.7M | $85,854 | $7,237 | $102 |
| Delta Constructors, LLC 401(k) Plan | Delta Constructors, LLC | AK | DC | 1,035 | $19.5M | $18,801 | $744 | $122 |
| The Drees Company Profit Sharing Plan | The Drees Company | KY | DC | 1,031 | $160M | $155,024 | $9,486 | $231 |
| Mattamy Homes Corporation Retirement Plan | Mattamy Homes Corporation | FL | DC | 1,016 | $56.5M | $55,565 | $2,844 | $184 |
| DRB Enterprises, LLC 401(k) Retirement Plan | DRB Enterprises, LLC | MD | DC | 1,014 | $49.7M | $49,039 | $2,918 | $71.16 |
| Save More Retirement Plan and Trust | Barnard Construction Company, Inc. | MT | DC | 1,007 | $127M | $126,252 | $14,311 | $18.81 |
By plan size
By state
Questions and answers
How many retirement plans are there in residential building construction?
325 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 967 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in residential building construction?
The median defined contribution plan reported $56,649 in net assets per participant (middle half of plans: $32,418 to $88,904); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in residential building construction?
The median defined contribution plan received $2,706 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in residential building construction?
Among defined contribution plans that report any Schedule C compensation, the median was $178 per participant and 0.35% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.