Plan Ledger DOL Form 5500 · updated monthly

B&S Site Development, LLC401(k)

B&S SITE DEVELOPMENT, LLC 401(K) PLAN · MANASSAS, VA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

B&S Site Development, LLC reported $2,745 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,090 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 0.14% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Virginia (1,619th of 2,266), and 3,453rd of 5,337 in construction. In 2024, employees put in $1.24 for every $1.00 the employer contributed; active participation has grown from 315 to 737 since 2022.

Plan summary
Net assets, end of year$7,651,357
Participants with balances179
Active participants737
Employer contributions$803,693
Employee contributions$998,309
Employer contribution per active participant$1,090
Average account balance$42,745
Benefits paid to participants$563,327
Plan auditUnmodified (clean) audit opinion
AuditorD'AMICO WAWRIN AND COMPANY CPAS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 179 accts · $804K emplr
2023$4.9M · 130 accts · $532K emplr
2022$1.7M · 109 accts · $404K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,745
Total administrative$2,745
The B&S Site Development, LLC 401(k) match · 2024
Employer contribution per active participant$1,090
Median for plans this size$1,313
2024$1,090 per active participant
2023$1,651 per active participant
2022$1,281 per active participant

B&S Site Development, LLC's 2024 employer contribution ran below the $1,313 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 · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$2,745

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024$2,745 · 0.04%
2023$2,820 · 0.09%
2022$2,505 · 0.14%
Similar plansConstruction · Virginia
Am-Liner East, Inc. VA$7.9M · 0.80%
M.E. Flow, Inc. VA$6.8M · 0.10%
Atlas Plumbing, LLC VA$6.7M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201296489 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.