California › Construction › 500 to 999 participants
Form 5500 statement · plan year 1 Dec 2024 to 30 Nov 2025
Stacy and Witbeck, Inc. Retirement Savings Plan
Sponsored by Stacy and Witbeck, Inc., Alameda, CA
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. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
In the plan year ending 30 Nov 2025, Stacy and Witbeck, Inc. Retirement Savings Plan covered 558 participants and held $115M in net assets. The plan is a 401(k) plan sponsored by Stacy and Witbeck, Inc. of Alameda, California.
Net assets came to $206,124 per participant, well above the $46,219 median for defined contribution plans with 500 to 999 participants and well above the $54,997 median for defined contribution plans in construction. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $4.9M during the year, or $10,966 per active participant against a same-size median of $1,931; participants contributed $3.7M and $708K arrived as rollovers and other contributions. Benefits paid out totalled $13.0M.
Schedule C lists 3 service provider organisations paid $5,000 or more, with reported compensation of $87K: $155 per participant, well above the same-size median of $113. Administrative expenses charged to the plan were $60K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $13.3M in 2009 to $115M in 2024 (up 764%), and participants from 175 to 558 (up 219%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $206,124 | $46,219 | $54,997 | $53,089 |
| Employer contributions per active participant | $10,966 | $1,931 | $2,728 | $2,174 |
| Schedule C compensation per participant | $155 | $113 | $162 | $123 |
| Schedule C compensation, share of net assets | 0.07% | 0.25% | 0.33% | 0.26% |
| Administrative expenses per participant | $108 | $109 | $167 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 500 to 999 participants (10,619 plans), construction (4,222) and all US plans (63,607). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 558 | $115M | $206,124 | $4.9M | $3.7M | $87K |
| 2023 | 535 | $107M | $199,529 | $4.7M | $3.5M | $77K |
| 2022 | 537 | $80.7M | $150,199 | $4.4M | $3.4M | $67K |
| 2021 | 488 | $71.9M | $147,406 | $4.1M | $3.2M | $66K |
| 2020 | 487 | $78.8M | $161,819 | $3.7M | $2.8M | $82K |
| 2019 | 464 | $66.5M | $143,289 | $3.5M | $2.5M | $70K |
| 2018 | 427 | $55.0M | $128,742 | $3.2M | $2.2M | $43K |
| 2017 | 378 | $44.4M | $117,526 | $2.8M | $2.1M | $27K |
| 2016 | 248 | $40.6M | $163,601 | $2.3M | $1.6M | $28K |
| 2015 | 238 | $32.0M | $134,420 | $2.2M | $1.5M | $28K |
| 2014 | 228 | $28.1M | $123,276 | $2.0M | $1.4M | $35K |
| 2013 | 223 | $27.2M | $121,857 | $1.8M | $1.3M | $32K |
| 2012 | 201 | $23.3M | $116,010 | $1.7M | $1.1M | $28K |
| 2011 | 192 | $18.1M | $94,094 | $1.6M | $1.1M | $17K |
| 2010 | 196 | $15.2M | $77,622 | $1.5M | $1.0M | $0 |
| 2009 | 175 | $13.3M | $76,080 | $1.3M | $921K | $0 |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$106,748,155
- Employer contributions$4,891,029
- Participant contributions$3,662,039
- Rollovers and other contributions$707,506
- Total contributions$9,260,574
- Total income, including investment results$21,324,920
- Benefits paid$12,995,675
- Administrative expenses$60,040
- Total expenses$13,055,715
- Net income$8,269,205
- Net transfers$0
- Net assets, end of year$115,017,360
Participants
- Active participants446
- Retired or separated, receiving benefits3
- Retired or separated, entitled to future benefits107
- Participants with account balances540
- Total participants, end of year558
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Principal Life Insurance Company | Contract Administrator; Participant loan processing | $61,584 | $0 |
| Carlson, Quinn & Associates, Inc. | Other services | $0 | $25,000 |
| Morningstar Investment MGMT LLC | Investment advisory (participants) | $0 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Contract administrator fees$60,040
- Total administrative expenses$60,040
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Common/collective trusts$69.3M · 60.3%
- Registered investment companies (mutual funds)$40.3M · 35.0%
- Receivables$4.9M · 4.3%
- Participant loans$506K · 0.4%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmCliftonLarsonAllen, LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $1,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2EProfit-sharing plan2GTotal participant-directed account plan2JCode section 401(k) feature2TTotal or partial participant-directed account plan with a default investment account
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 237990: Other Heavy & Civil Engineering Construction.
Other plans of Stacy and Witbeck, Inc.
| Plan | Participants | Net assets |
|---|---|---|
| Stacy and Witbeck, Inc. Employee Stock Ownership Plan | 615 | $340M |
Similar plans in California
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| The Contractors Retirement Plan | Bulwark Construction, Inc. | 559 | $1.8M | $3,175 |
| Bigge Crane and Rigging Co. 401(k) Profit | Bigge Crane and Rigging Co. | 547 | $52.0M | $95,043 |
| Lancaster Burns Construction, Inc. Employee Stock Ownership Plan | Lancaster-Burns Construction, Inc. | 559 | $11.1M | $19,834 |
| Bernards Bros. Inc. 401(k) Profit Sharing Plan | Bernards Bros. Inc. | 544 | $66.8M | $122,845 |
| Skyline Construction Employee Stock Ownership Plan | Skyline Construction Enterprises, Inc. | 562 | $105M | $187,286 |
| Red Cow 401(k) Retirement Plan | Red Cow Group LLC | 536 | $4.3M | $8,082 |
Defined contribution plans in construction closest in size.
Questions and answers
How big is Stacy and Witbeck, Inc. Retirement Savings Plan?
558 participants at the end of the plan year ending 30 Nov 2025, of whom 446 were active employees, with net assets of $115,017,360. Among defined contribution plans that places it in the 500 to 999 participants band, which held 10,619 plans in plan year 2024.
What does Stacy and Witbeck, Inc. contribute per participant?
The filing reports $4,891,029 in employer contributions for the year, which is $10,966 per active participant; the median for plans of the same type and size was $1,931 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $86,584 in compensation to service provider organisations, $155 per participant or 0.07% of net assets. The same-size median among plans reporting any Schedule C compensation was $113 per participant. Administrative expenses on Schedule H were $60,040. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Stacy and Witbeck, Inc.. Recordkeeping or administration: Principal Life Insurance Company. Investment advisory or management: Morningstar Investment MGMT LLC. The financial statements were audited by CliftonLarsonAllen, LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Dec 2024 to 30 Nov 2025, received by the Department of Labor on 11 Sep 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Sep 2026. This page shows the latest filing on record for EIN 94-2787950, plan 003, received 11 Sep 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.