Plan Ledger DOL Form 5500 · updated monthly

Bemas Construction401(k)

BEMAS CONSTRUCTION 401(K) PLAN · ENGLEWOOD, CO · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Bemas Construction reported $11,905 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,706 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 0.05% to 0.06%. 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 520th-largest of 1,461 plans among Colorado employers on file, and the 2,004th of 5,337 in construction. In 2024, employees put in $1.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,218,895
Participants with balances163
Active participants123
Employer contributions$701,798
Employee contributions$744,858
Employer contribution per active participant$5,706
Average account balance$124,042
Benefits paid to participants$2,142,103
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.2M · 163 accts · $702K emplr
2023$18.3M · 201 accts · $622K emplr
2022$15.1M · 193 accts · $623K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,466
Total administrative$11,905
The Bemas Construction 401(k) match · 2024
Employer contribution per active participant$5,706
Median for plans this size$2,416
2024$5,706 per active participant
2023$5,407 per active participant
2022$5,188 per active participant

Bemas Construction'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.

Service providers · 20241
ADP, INC. · Loan processing · Recordkeeping$11,905

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$11,905 · 0.06%
2023$7,685 · 0.05%
2022$7,401 · 0.05%
Same employer
Similar plansConstruction · Colorado
Ludvik Electric Co. CO$23.1M · 0.55%
Pinkard Construction Co. CO$22.9M · 0.26%
Beacon Communications, LLC CO$22.4M · 0.05%
Fiore & Sons, Inc. CO$21.7M · 0.41%
Kelley Trucking Inc. CO$19.6M · 0.54%
Jhl Constructors LLC CO$19.5M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200027225 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.