Black & Veatch Holding Company 401(k) Plan: Login, Facts & Contact Information

Black & Veatch Holding Company 401(k) Plan Facts

Plan name
BLACK & VEATCH RETIREMENT PROGRAM
Plan type
401(k) with employer contributions and profit sharing with a company-stock (ESOP) component
Plan sponsor
BLACK & VEATCH HOLDING COMPANY
Participants
9,633 (7,191 active employees)
Former employees with a balance
3,165
Plan assets
$2,732,675,203 at Dec 31, 2023
Average account balance
$264,589 across 10,328 accounts
Employer contributions
$110,936,116 in plan year 2023 (53% of all contributions)
Recordkeeper
Schwab Retirement Plan Services,inc
Plan year
Jan 1, 2023 – Dec 31, 2023
Plan established
Jan 1, 1972
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing✓ Company stock (ESOP)

Source: Form 5500 for plan year 2023 (Jan 1, 2023 – Dec 31, 2023), filed Sep 5, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $209.4 million went into the plan in contributions, $110.9 million of it from the employer (53%).
  • $128.1 million was paid out to participants.
  • Investment and other income added $359.8 million.
  • Administrative expenses were $1.69 million, about $164 per account.

How the Black & Veatch Holding Company 401(k) changed, 2018–2023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20188,100$1.91 billion$33.0 million$177.4 million
20198,474$1.99 billion$33.9 million$257.2 million
20208,637$2.11 billion$36.6 million$222.8 million
20218,464$2.40 billion$82.6 million$184.3 million
20228,836$2.29 billion$66.3 million$164.3 million
20239,633$2.73 billion$110.9 million$128.1 million

Black & Veatch Holding Company 401(k) Contact Information

Phone
913-458-2000
Mailing address
11401 LAMAR AVE., OVERLAND PARK KS 66211
Plan sponsor
BLACK & VEATCH HOLDING COMPANY
Employer identification number (EIN)
43-1603954
Plan number
002

Questions about the Black & Veatch Holding Company 401(k)

Does Black & Veatch Holding Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $110.9 million, 53% of all contributions.

Does the Black & Veatch Holding Company 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Black & Veatch Holding Company 401(k) plan?

9,633 participants at the start of plan year 2023, 7,191 of them active employees, and 3,165 former employees who still had money in the plan.

What is the average 401(k) balance at Black & Veatch Holding Company?

About $264,589 per account: $2.73 billion in plan assets across 10,328 accounts with a balance at the end of plan year 2023.

Who manages the Black & Veatch Holding Company 401(k) accounts?

Schwab Retirement Plan Services (listed on the filing as SCHWAB RETIREMENT PLAN SERVICES,INC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Black & Veatch Holding Company. How do I access my 401(k)?

Your account stays with Schwab Retirement Plan Services after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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