Plan Snapshot
- Plan Sponsor: Black & Veatch Holding Company
- Sponsor EIN: 431603954
- Sponsor Address: 11401 LAMAR AVE., OVERLAND PARK, KS, 66211
- Plan Type: 401(k)
- Total Participants: 7,191
- Total Assets: $2.7B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 7,191 | $2.7B | $110.9M | $86.2M |
| 2022 | 6,796 | $2.3B | $66.3M | $73.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| KWMG LLC | Other Service Provider | $626,966 | — | $626,966 |
| SCHWAB RETIREMENT PLAN SERVICES,INC | Recordkeeper | $473,288 | — | $473,288 |
| GREATBANC TRUST COMPANY | Other Service Provider | $147,000 | — | $147,000 |
| CREATIVE PLANNING LLC | Investment Advisor | $87,614 | — | $87,614 |
| CREATIVE PLANNING HOLDCO LLC | Investment Advisor | $51,938 | — | $51,938 |
| PICKETT CHANEY & MCMULLEN LLP | Auditor | $24,950 | — | $24,950 |
| GLASS LAKES CAPITAL MANAGEMENT | Other Service Provider | $24,307 | — | $24,307 |
| MORNINGSTAR INVESTMENT SERVICE | Recordkeeper | $22,118 | — | $22,118 |
| STEELPEAK WEALTH LLC | Investment Advisor | $21,125 | — | $21,125 |
| FISHER INVESTMENTS | Recordkeeper | $20,880 | — | $20,880 |
| OPTIMA CAPITAL MANAGEMENT LLC | Other Service Provider | $19,075 | — | $19,075 |
| DYNAMIC WEALTH ADVISORS | Other Service Provider | $17,601 | — | $17,601 |
| MODERA WEALTH MANAGEMENT LLC | Other Service Provider | $16,945 | — | $16,945 |
| COMPUTERSHARE INC. | Other Service Provider | $16,000 | — | $16,000 |
| CAPITAL MGMT SERVICES INC | Other Service Provider | $15,828 | — | $15,828 |
| RDA FINANCIAL NETWORK INC | Other Service Provider | $15,592 | — | $15,592 |
| SECURIAN FINANCIAL SERVICES IN | Other Service Provider | $11,078 | — | $11,078 |
| FLEXIBLE PLAN INVESTMENTS LTD | Other Service Provider | $9,855 | — | $9,855 |
| LPL FINANCIAL LLC | Recordkeeper | $7,878 | — | $7,878 |
| ENVESTNET ASSET MANAGEMENT INC | Other Service Provider | $7,651 | — | $7,651 |
| NATIONS FINANCIAL GROUP INC | Other Service Provider | $7,235 | — | $7,235 |
| HOWARD CAPITAL MANAGEMENT INC | Other Service Provider | $7,205 | — | $7,205 |
| BRINKER CAPITAL INVESTMENTS LL | Other Service Provider | $6,470 | — | $6,470 |
| BUCKINGHAM STRATEGIC PARTNERS | Other Service Provider | $6,078 | — | $6,078 |
| CHARLES SCHWAB & CO., INC. | Recordkeeper | $4,801 | $392 | $5,193 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — Recordkeeper
- CREATIVE PLANNING LLC — Investment Advisor
- CREATIVE PLANNING HOLDCO LLC — Investment Advisor
- PICKETT CHANEY & MCMULLEN LLP — Auditor
- MORNINGSTAR INVESTMENT SERVICE — Recordkeeper
- STEELPEAK WEALTH LLC — Investment Advisor
- FISHER INVESTMENTS — Recordkeeper
- LPL FINANCIAL LLC — Recordkeeper
- CHARLES SCHWAB & CO., INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,669,870
- Estimated Expense Ratio: 0.061% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2023 | $1,690,273 | $1,029,042 | $187,948 | — | — |
| 2022 | $1,647,550 | $1,046,897 | — | — | $185,276 |