Plan Ledger DOL Form 5500 · updated monthly

Bbl Construction Services, LLC401(k)

BBL COMPANIES 401(K) RETIREMENT SAVINGS PLAN AND TRUST · ALBANY, NY · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Bbl Construction Services, LLC reported $184,003 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $3,535 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 0.17% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 894th-largest of 5,648 plans among New York employers on file, and the 688th of 5,337 in construction. In 2024, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$87,554,307
Participants with balances384
Active participants311
Employer contributions$1,099,443
Employee contributions$2,506,109
Employer contribution per active participant$3,535
Average account balance$228,006
Benefits paid to participants$5,764,466
Plan auditUnmodified (clean) audit opinion
AuditorTEAL BECKER & CHIARAMONTE CPA'S
Plan history3
Yearassets · accounts · employer contribution
2024$87.6M · 384 accts · $1.1M emplr
2023$78.0M · 378 accts · $1.1M emplr
2022$68.7M · 377 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$123,962
Investment management$60,041
Total administrative$184,003
The Bbl Construction Services, LLC 401(k) match · 2024
Employer contribution per active participant$3,535
Median for plans this size$3,635
2024$3,535 per active participant
2023$3,501 per active participant
2022$3,204 per active participant

Bbl Construction Services, LLC's 2024 employer contribution ran below the $3,635 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$123,961
LPL FINANCIAL CORPORATION RPCP · Investment advisory (plan)$60,041
RELIANCE TRUST COMPANY · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$184,003 · 0.22%
2023$155,187 · 0.21%
2022$128,461 · 0.17%
Same employer
Similar plansConstruction · New York
Suit-Kote Corporation NY$83.7M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141814573 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.