Plan Ledger DOL Form 5500 · updated monthly

Bettis Asphalt & Construction,Inc401(k)

BETTIS ASPHALT & CONSTRUCTION INC 401(K) AND PROFIT SHARING PLAN · TOPEKA, KS · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Bettis Asphalt & Construction,Inc reported $27,254 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $2,738 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 0.01% to 0.19%. 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 355th-largest of 828 plans among Kansas employers on file, and the 2,336th of 5,337 in construction. In 2024, employees put in $1.34 for every $1.00 the employer contributed; active participation has grown from 166 to 271 since 2022.

Plan summary
Net assets, end of year$16,145,564
Participants with balances176
Active participants271
Employer contributions$741,886
Employee contributions$996,134
Employer contribution per active participant$2,738
Average account balance$91,736
Benefits paid to participants$705,914
Plan auditUnmodified (clean) audit opinion
AuditorVARNEY & ASSOCIATES, CPAS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$16.1M · 176 accts · $742K emplr
2023$13.3M · 159 accts · $580K emplr
2022$10.2M · 115 accts · $523K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,444
Investment management$13,810
Total administrative$27,254
The Bettis Asphalt & Construction,Inc 401(k) match · 2024
Employer contribution per active participant$2,738
Median for plans this size$2,416
2024$2,738 per active participant
2023$2,843 per active participant
2022$3,153 per active participant

Bettis Asphalt & Construction,Inc'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 · 20243
CREATIVEONE SECURITIES, LLC · Investment advisory (plan)$12,626
ASCENSUS LLC · Loan processing · Securities brokerage$12,094
UNITED OF OMAHA · Loan processing$1,350

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$27,254 · 0.19%
2023$1,466 · 0.01%
2022$975 · 0.01%
Same employer
Similar plansConstruction · Kansas
Key Construction, Inc. KS$18.9M · 0.47%
The Law Company, Inc. KS$15.6M · 0.00%
Conco Incorporated KS$14.8M · 0.62%
Dustrol, Inc. KS$14.7M · 0.61%
Bcts Intermediate, LLC KS$14.6M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480883504 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.