Plan Ledger DOL Form 5500 · updated monthly

Bast Hatfield Construction, LLC401(k)

BAST HATFIELD CONSTRUCTION, LLC SAVINGS & RETIREMENT PLAN · CLIFTON PARK, NY · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Bast Hatfield Construction, LLC reported $77,534 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $8,198 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 0.25% to 0.27%. 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 1,933rd-largest of 5,648 plans among New York employers on file, and the 1,509th of 5,337 in construction. In 2024, the employer put in $1.66 for every $1.00 employees contributed themselves; active participation has shrunk from 152 to 122 since 2022.

Plan summary
Net assets, end of year$30,559,039
Participants with balances192
Active participants122
Employer contributions$1,000,116
Employee contributions$602,879
Employer contribution per active participant$8,198
Average account balance$159,162
Benefits paid to participants$817,389
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.6M · 192 accts · $1.0M emplr
2023$26.4M · 40 accts · $1.0M emplr
2022$21.7M · 271 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,550
Trustee / custodial$68,984
Total administrative$77,534
The Bast Hatfield Construction, LLC 401(k) match · 2024
Employer contribution per active participant$8,198
Median for plans this size$2,416
2024$8,198 per active participant
2023$6,867 per active participant
2022$6,776 per active participant

Bast Hatfield Construction, LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processingindirect comp
NBT BANK NA · Trustee$77,534

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

Recordkeeper by year2
2024EPIC RPS
2023BENEFIT CONSULTANTS GROUP

This plan has changed recordkeepers within these filings. If you left Bast Hatfield Construction, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$77,534 · 0.27%
2023$36,698 · 0.15%
2022$59,094 · 0.25%
Similar plansConstruction · New York
Sciame Construction, LLC NY$31.3M · 0.02%
Luck Brothers, Inc. NY$31.1M · 0.51%
Holt Construction Corp. NY$27.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270649178 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.