Plan Ledger DOL Form 5500 · updated monthly

B & I Contractors, Inc.ESOP

B & I CONTRACTORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · FORT MYERS, FL · plan year 2023

Reported admin expense ratio · 2023
0.18%

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

B & I Contractors, Inc. reported $156,156 in plan administrative expenses for 2023: 0.18% of average plan assets, above the peer median. Employer contributions averaged $9,825 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 1 year on file its reported administrative ratio fell from 0.22% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other construction employers. By assets it is the 313th-largest of 3,644 plans among Florida employers on file, and the 604th of 5,337 in construction.

Plan summary
Net assets, end of year$101,733,428
Participants with balances1,305
Active participants916
Employer contributions$9,000,000
Employee contributions—
Employer contribution per active participant$9,825
Average account balance$77,957
Benefits paid to participants$3,433,493
Plan auditUnmodified (clean) audit opinion
AuditorHSC/TUSCAN & COMPANY, PA
Plan history2
Yearassets · accounts · employer contribution
2023$101.7M · 1,305 accts · $9.0M emplr
2022$72.4M · 1,015 accts · $6.0M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$156,156
Total administrative$156,156
Employer contributions to the B & I Contractors, Inc. plan · 2023
Employer contribution per active participant$9,825
Median for plans this size$3,659
2023$9,825 per active participant
2022$9,677 per active participant

B & I Contractors, Inc.'s 2023 employer contribution ran above the $3,659 median for plans its size, placing it in the top quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FINEMARK NATIONAL BANK & TRUST · Investment management$100,944
KEYBANK INSTITUTIONAL ASSET SERVICE · Investment management$51,753

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

Administrative cost history2
2023$156,156 · 0.18%
2022$142,447 · 0.22%
All plans at this employer2
B & I CONTRACTORS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
B & I CONTRACTORS, INC. 401(K) PLAN401(k)
Same employer
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Crete Mechanical Group, Inc. FL$116.3M · 0.27%
Energy Air, Inc. FL$115.9M · 0.01%
Miller Electric Company FL$107.8M · 0.06%
Vecellio Group, Inc. FL$93.9M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591107790 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.