Plan Ledger DOL Form 5500 · updated monthly

Baker Engineering and Risk Consultants, Inc401(k)

BAKER ENGINEERING AND RISK CONSULTANTS 401(K) PROFIT SHARING PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Baker Engineering and Risk Consultants, Inc reported $54,745 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $880 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 rose from 0.08% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 879th-largest of 5,688 plans among Texas employers on file, and the 2,174th of 11,654 in professional & technical services. In 2024, employees put in $11.52 for every $1.00 the employer contributed; active participation has grown from 150 to 189 since 2022.

Plan summary
Net assets, end of year$65,946,079
Participants with balances213
Active participants189
Employer contributions$166,338
Employee contributions$1,915,958
Employer contribution per active participant$880
Average account balance$309,606
Benefits paid to participants$3,849,976
Plan auditUnmodified (clean) audit opinion
AuditorADKF PC
Plan history3
Yearassets · accounts · employer contribution
2024$65.9M · 213 accts · $166K emplr
2023$57.1M · 194 accts
2022$44.9M · 164 accts · $826 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,788
Investment management$14,807
Audit (IQPA)$15,150
Total administrative$54,745
The Baker Engineering and Risk Consultants, Inc 401(k) match · 2024
Employer contribution per active participant$880
Median for plans this size$3,635
2024$880 per active participant
2022$6 per active participant

Baker Engineering and Risk Consultants, Inc's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$14,807
ADKF, PC · Accounting / audit$12,000

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$54,745 · 0.09%
2023$46,625 · 0.09%
2022$42,657 · 0.08%
All plans at this employer2
BAKER ENGINEERING AND RISK CONSULTANTS 401(K) PROFIT SHARING PLAN401(k)
BAKER ENGINEERING AND RISK CONSULTANTS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 742983542 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.