Plan Ledger DOL Form 5500 · updated monthly

B.T. Construction, Inc.401(k)

B. T. CONSTRUCTION, INC. PROFIT SHARING PLAN · HENDERSON, CO · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

B.T. Construction, Inc. reported $63,744 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,598 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 0.54% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 659th-largest of 1,461 plans among Colorado employers on file, and the 2,529th of 5,337 in construction. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has grown from 144 to 161 since 2022.

Plan summary
Net assets, end of year$14,457,936
Participants with balances176
Active participants161
Employer contributions$579,343
Employee contributions$1,054,122
Employer contribution per active participant$3,598
Average account balance$82,147
Benefits paid to participants$677,407
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP - LOVELAND, CO
Plan history3
Yearassets · accounts · employer contribution
2024$14.5M · 176 accts · $579K emplr
2023$11.8M · 159 accts · $486K emplr
2022$9.5M · 128 accts · $395K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,718
Investment management$22,026
Total administrative$63,744
The B.T. Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$3,598
Median for plans this size$2,416
2024$3,598 per active participant
2023$3,499 per active participant
2022$2,745 per active participant

B.T. Construction, Inc.'s 2024 employer contribution ran above 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$41,717
THE AMERIFLEX GROUP · Investment advisory (plan)$22,023
KESTRA INVESTMENT SERVICES LLC · Other servicesindirect comp

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$63,744 · 0.49%
2023$59,725 · 0.56%
2022$56,609 · 0.54%
Same employer
Similar plansConstruction · Colorado
Gallegos Masonry, Inc. CO$15.9M · 0.07%
Moltz Construction, Inc. CO$15.9M · 0.26%
Douglass Colony Group Inc. CO$14.3M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840828528 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.