Plan Ledger DOL Form 5500 · updated monthly

B & H Construction, LLC401(k)

B & H CONSTRUCTION 401(K) PLAN · NORMAN, OK · plan year 2024

Reported admin expense ratio · 2024
0.58%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

B & H Construction, LLC reported $83,502 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,975 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.82% to 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 304th-largest of 724 plans among Oklahoma employers on file, and 350th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has grown from 351 to 441 since 2022.

Plan summary
Net assets, end of year$15,566,884
Participants with balances516
Active participants441
Employer contributions$871,155
Employee contributions$1,261,773
Employer contribution per active participant$1,975
Average account balance$30,168
Benefits paid to participants$1,103,087
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.6M · 516 accts · $871K emplr
2023$13.0M · 508 accts · $660K emplr
2022$10.2M · 444 accts · $764K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,008
Investment management$20,959
Total administrative$83,502
The B & H Construction, LLC 401(k) match · 2024
Employer contribution per active participant$1,975
Median for plans this size$2,416
2024$1,975 per active participant
2023$1,580 per active participant
2022$2,178 per active participant

B & H Construction, LLC's 2024 employer contribution ran below the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
EDWARD D JONES & CO LP · Investment advisory (plan)$20,879
EDWARD D JONES & CO, LP · Investment advisory (participants)$8,097
MORNINGSTAR INC DBA MORNINGSTAR ASS$1,395
EMPOWER ADVISORY GROUP, LLC · Investment management$80

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$83,502 · 0.58%
2023$95,951 · 0.83%
2022$87,037 · 0.82%
Same employer
Similar plansMining, Oil & Gas Extraction · Oklahoma
American Cementing, LLC OK$19.6M · 0.71%
Sef Energy, LLC OK$18.4M · 0.52%
Levare U.S., Inc. OK$14.1M · 0.34%
Le Jones Operating OK$9.6M · 0.20%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 731374355 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.