Plan Ledger DOL Form 5500 · updated monthly

Bilfinger North America Inc401(k)

BILFINGER INC. RETIREMENT PLAN · THE WOODLANDS, TX · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Bilfinger North America Inc reported $212,255 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $1,616 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 0.19% to 0.20%. 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 591st-largest of 5,688 plans among Texas employers on file, and the 564th of 5,337 in construction. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has shrunk from 1,914 to 1,477 since 2022.

Plan summary
Net assets, end of year$112,156,415
Participants with balances1,009
Active participants1,477
Employer contributions$2,387,077
Employee contributions$4,991,760
Employer contribution per active participant$1,616
Average account balance$111,156
Benefits paid to participants$11,158,369
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$112.2M · 1,009 accts · $2.4M emplr
2023$102.2M · 1,027 accts · $2.3M emplr
2022$92.9M · 1,161 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$212,255
Total administrative$212,255
The Bilfinger North America Inc 401(k) match · 2024
Employer contribution per active participant$1,616
Median for plans this size$3,635
2024$1,616 per active participant
2023$1,526 per active participant
2022$1,272 per active participant

Bilfinger North America 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$212,255
CREATIVE PLANNING, INC. · Investment advisory (plan)indirect 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$212,255 · 0.20%
2023$197,475 · 0.20%
2022$195,603 · 0.19%
Similar plansConstruction · Texas
Sg Administration, LP TX$118.8M · 0.11%
Marek Shared Services LLC TX$116.8M · 0.06%
Hhs Human Capital, Inc. TX$116.4M · 0.21%
Perry Homes, LLC TX$107.9M · 0.17%
Fgi Group, Inc. TX$107.6M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261983340 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.