Plan Ledger DOL Form 5500 · updated monthly

Bfpe International, Inc.401(k)

BFPE INTERNATIONAL, INC. 401K PLAN · HANOVER, MD · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Bfpe International, Inc. reported $52,071 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $577 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 1 year on file its reported administrative ratio rose from 0.01% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 248th-largest of 1,671 plans among Maryland employers on file, and the 846th of 5,337 in construction. In 2024, employees put in $6.62 for every $1.00 the employer contributed; active participation has grown from 864 to 1,083 since 2022.

Plan summary
Net assets, end of year$67,907,301
Participants with balances577
Active participants1,083
Employer contributions$624,728
Employee contributions$4,133,517
Employer contribution per active participant$577
Average account balance$117,690
Benefits paid to participants$3,677,702
Plan auditUnmodified (clean) audit opinion
AuditorSNYDER COHN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$67.9M · 577 accts · $625K emplr
2023$58.9M · 620 accts · $581K emplr
2022$48.5M · 552 accts · $548K emplr
Administrative expenses, itemized · 2024
Investment management$119,559
Total administrative$52,071
The Bfpe International, Inc. 401(k) match · 2024
Employer contribution per active participant$577
Median for plans this size$3,635
2024$577 per active participant
2023$670 per active participant
2022$634 per active participant

Bfpe International, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20242
OSAIC FA INC · Investment advisory (plan)$119,559
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$52,071 · 0.08%
2023$4,885 · 0.01%
2022Not separately reported
Same employer
Similar plansConstruction · Maryland
Harkins Builders, Inc. MD$123.3M · 0.13%
Windsor Electric Co Inc MD$70.7M · 0.12%
Enviva Inc. MD$65.6M · 0.30%
Miller & Long Co., Inc. MD$63.4M · 0.18%
Gray & Son, Inc. MD$63.0M · 0.31%
Boland Trane Services, Inc. MD$56.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520957166 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.