Plan Ledger DOL Form 5500 · updated monthly

Bayer Construction Company, Inc.ESOP

BAYER CONSTRUCTION COMPANY, INC. EMPLOYEE STOCK OWNERSHIP TRUST · MANHATTAN, KS · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Bayer Construction Company, Inc. reported $35 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $16,978 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 133rd-largest of 828 plans among Kansas employers on file, and the 1,035th of 5,337 in construction.

Plan summary
Net assets, end of year$51,300,702
Participants with balances198
Active participants132
Employer contributions$2,241,114
Employee contributions—
Employer contribution per active participant$16,978
Average account balance$259,094
Benefits paid to participants$3,687,459
Plan auditUnmodified (clean) audit opinion
AuditorMIZE HOWSER AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$51.3M · 198 accts · $2.2M emplr
2023$45.6M · 200 accts · $2.1M emplr
2022$36.5M · 197 accts · $1.9M emplr
Employer contributions to the Bayer Construction Company, Inc. plan · 2024
Employer contribution per active participant$16,978
Median for plans this size$2,416
2024$16,978 per active participant
2023$15,783 per active participant
2022$14,879 per active participant

Bayer Construction Company, Inc.'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.

Administrative cost history3
2024$35 · 0.00%
2023Not separately reported
2022Not separately reported
All plans at this employer2
BAYER CONSTRUCTION COMPANY, INC. EMPLOYEE STOCK OWNERSHIP TRUSTESOP
BAYER CONSTRUCTION COMPANY, INC. 401(K) PLAN401(k)
Same employer
Similar plansConstruction · Kansas
P1 Group KS$33.6M · 0.38%
Hutton Corporation KS$25.0M · 0.43%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 480548636 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.