Plan Ledger DOL Form 5500 · updated monthly

B&M Roofing of Colorado401(k)

B&M ROOFING OF COLORADO 401(K) PLAN · ERIE, CO · plan year 2022

Reported admin expense ratio · 2022
0.58%

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

B&M Roofing of Colorado reported $28,450 in plan administrative expenses for 2022: 0.58% of average plan assets, above the peer median. Employer contributions averaged $1,162 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Colorado (1,090th of 1,461), and 4,099th of 5,337 in construction. In 2022, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,501,491
Participants with balances75
Active participants114
Employer contributions$132,487
Employee contributions$310,651
Employer contribution per active participant$1,162
Average account balance$60,020
Benefits paid to participants$240,627
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $5K emplr
2022$4.5M · 75 accts · $132K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,509
Investment management$24,448
Total administrative$28,450
The B&M Roofing of Colorado 401(k) match · 2022
Employer contribution per active participant$1,162
Median for plans this size$1,114

B&M Roofing of Colorado's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$28,450 · 0.58%
Similar plansConstruction · Colorado
Esco Construction Company CO$5.0M · 0.05%
Clifty Group, LLC CO$4.3M · 1.15%
Eastex Tower, LLC CO$4.2M · 0.78%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 840646744 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.