Plan Ledger DOL Form 5500 · updated monthly

Bh Inc401(k)

BH INC 401(K) PLAN · VERNAL, UT · plan year 2023

Reported admin expense ratio · 2023
0.57%

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

Bh Inc reported $45,065 in plan administrative expenses for 2023: 0.57% of average plan assets, above the peer median. Employer contributions averaged $721 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 has held roughly steady near 0.568%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Utah (490th of 848), and 3,230th of 5,337 in construction. In 2023, employees put in $1.48 for every $1.00 the employer contributed; active participation has grown from 516 to 956 since 2022.

Plan summary
Net assets, end of year$9,112,813
Participants with balances293
Active participants956
Employer contributions$688,963
Employee contributions$1,018,120
Employer contribution per active participant$721
Average account balance$31,102
Benefits paid to participants$491,562
Plan auditUnmodified (clean) audit opinion
AuditorHARDING SHYMANSKI & COMPANY PSC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $970K emplr
2023$9.1M · 293 accts · $689K emplr
2022$6.7M · 245 accts · $515K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$45,065
Total administrative$45,065
The Bh Inc 401(k) match · 2023
Employer contribution per active participant$721
Median for plans this size$1,308
2023$721 per active participant
2022$999 per active participant

Bh Inc's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
AMERICAN UNITED LIFE INSURANCE · Loan processing · Participant communication$1,562
ANDINA CAPITAL MANAGEMENT LLC · Investment advisory (participants) · Investment advisory (plan)$26,705
RT JONES CAPITAL EQUITIES MGMT INC · Investment advisory (participants) · Investment advisory (plan)$15,603

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024Not separately reported
2023$45,065 · 0.57%
2022$38,435 · 0.57%
Same employer
Similar plansConstruction · Utah
Lumio Hx, Inc. UT$10.4M · 1.13%
Hhi Corporation UT$10.4M · 0.50%
Umc, Inc. UT$9.2M · 0.24%
Gunthers, Inc. UT$9.0M · 0.20%
Broken Arrow Incorporated UT$7.5M · 0.22%
Kimball Management UT$7.1M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870561920 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.