Plan Ledger DOL Form 5500 · updated monthly

Beachner Construction Company, Inc.401(k)

BEACHNER EMPLOYEES SAVINGS AND RETIREMENT PLAN · ST. PAUL, KS · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Beachner Construction Company, Inc. reported $85,071 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $1,594 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 0.37% to 0.45%. 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 296th-largest of 828 plans among Kansas employers on file, and the 2,022nd of 5,337 in construction. In 2024, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,907,594
Participants with balances223
Active participants275
Employer contributions$438,267
Employee contributions$1,002,435
Employer contribution per active participant$1,594
Average account balance$89,272
Benefits paid to participants$1,630,992
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.9M · 223 accts · $438K emplr
2023$18.0M · 229 accts · $434K emplr
2022$15.5M · 238 accts · $320K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,635
Investment management$60,436
Total administrative$85,071
The Beachner Construction Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,594
Median for plans this size$2,416
2024$1,594 per active participant
2023$1,584 per active participant
2022$1,239 per active participant

Beachner Construction Company, Inc.'s 2024 employer contribution ran below 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 · 20241
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$85,071

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

Recordkeeper by year2
2024Alerus
2023Alerus

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Administrative cost history3
2024$85,071 · 0.45%
2023$80,487 · 0.48%
2022$57,888 · 0.37%
Similar plansConstruction · Kansas
Hutton Corporation KS$25.0M · 0.43%
Geiger Ready-Mix Co., Inc. KS$24.4M · 0.32%
Key Construction, Inc. KS$18.9M · 0.47%
The Law Company, Inc. KS$15.6M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480531159 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.