Plan Ledger DOL Form 5500 · updated monthly

Beacon Communications, LLC401(k)

BEACON COMMUNICATIONS, LLC 401(K) PROFIT SHARING PLAN · LITTLETON, CO · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Beacon Communications, LLC reported $9,412 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,557 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 fell from 0.46% to 0.05%. 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 477th-largest of 1,461 plans among Colorado employers on file, and the 1,868th of 5,337 in construction. In 2024, employees put in $2.29 for every $1.00 the employer contributed; active participation has grown from 120 to 213 since 2022.

Plan summary
Net assets, end of year$22,382,007
Participants with balances269
Active participants213
Employer contributions$544,641
Employee contributions$1,246,832
Employer contribution per active participant$2,557
Average account balance$83,204
Benefits paid to participants$1,339,297
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.4M · 269 accts · $545K emplr
2023$18.4M · 207 accts · $522K emplr
2022$5.3M · 150 accts · $322K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,112
Investment management$780
Total administrative$9,412
The Beacon Communications, LLC 401(k) match · 2024
Employer contribution per active participant$2,557
Median for plans this size$2,416
2024$2,557 per active participant
2023$2,792 per active participant
2022$2,685 per active participant

Beacon Communications, LLC's 2024 employer contribution ran above 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 · 20242
GLOBAL RETIREMENT PARTNERS LLCindirect comp
QUINTES ADMIN AND INSURANCE SVCS · Other servicesindirect comp

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$9,412 · 0.05%
2023$22,344 · 0.19%
2022$26,371 · 0.46%
Same employer
Similar plansConstruction · Colorado
Colorado Structures, Inc. CO$23.3M · 0.45%
Ludvik Electric Co. CO$23.1M · 0.55%
Pinkard Construction Co. CO$22.9M · 0.26%
Fiore & Sons, Inc. CO$21.7M · 0.41%
Bemas Construction CO$20.2M · 0.06%
Kelley Trucking Inc. CO$19.6M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841456159 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.