Plan Ledger DOL Form 5500 · updated monthly

Bechtel Global Corporation401(k)

BECHTEL TRUST & THRIFT PLAN · GLENDALE, AZ · plan year 2025

Reported admin expense ratio · 2025
0.08%

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

Bechtel Global Corporation reported $5,027,494 in plan administrative expenses for 2025: 0.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $11,609 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 3 years on file its reported administrative ratio fell from 0.09% to 0.08%. The plan sits in the over $1B size bracket, benchmarked here against 141 comparable plans and shown alongside other construction employers. By assets it is the 1st-largest of 1,285 plans among Arizona employers on file, and the 4th of 5,337 in construction. In 2025, employees put in $1.26 for every $1.00 the employer contributed; active participation has grown from 7,448 to 9,181 since 2022.

Plan summary
Net assets, end of year$6,710,221,362
Participants with balances16,093
Active participants9,181
Employer contributions$106,579,034
Employee contributions$133,882,093
Employer contribution per active participant$11,609
Average account balance$416,965
Benefits paid to participants$512,230,371
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history4
Yearassets · accounts · employer contribution
2025$6.7B · 16,093 accts · $106.6M emplr
2024$6.1B · 15,811 accts · $93.9M emplr
2023$5.7B · 15,670 accts · $83.3M emplr
2022$5.1B · 15,508 accts · $79.5M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$420,473
Investment management$4,596,821
Total administrative$5,027,494
The Bechtel Global Corporation 401(k) match · 2025
Employer contribution per active participant$11,609
Median for plans this size$5,084
2025$11,609 per active participant
2024$10,985 per active participant
2023$10,455 per active participant
2022$10,668 per active participant

Bechtel Global Corporation's 2025 employer contribution ran above the $5,084 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$404,364
EMPOWER ADVISORY GROUP, LLC · Investment advisory (participants)$4,574,404
TOWERS WATSON DELAWARE, INC. · Other services$10,200

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

Recordkeeper by year3
2025Empower
2024Empower
2023Empower

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

Administrative cost history4
2025$5,027,494 · 0.08%
2024$4,859,842 · 0.08%
2023$4,703,461 · 0.09%
2022$5,105,476 · 0.09%
Same employer
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Fluor Corporation TX$3.5B · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800848899 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.