BINKLEY & BARFIELD, INC. PROFIT SHARING PLAN · HOUSTON, TX · plan year 2022
Reported admin expense ratio · 2022
1.04%
Binkley & Barfield, Inc. reported $98,064 in plan administrative expenses for 2022: 1.04% of average plan assets, higher than ~75% of peers. 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 3 years on file its reported administrative ratio rose from 1.04% to 7.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (3,773rd of 5,688), and 3,720th of 5,337 in construction.
Plan summary
Net assets, end of year$6,214,523
Participants with balances261
Active participants209
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$23,810
Benefits paid to participants$7,492,336
Plan auditUnmodified (clean) audit opinion
AuditorEEPB COMPANY
Plan history4
Yearassets · accounts · employer contribution
2025$1.5M · 264 accts
2024$1.5M · 263 accts
2023$2.4M · 261 accts
2022$6.2M · 261 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$32,502
Professional / advisory$65,562
Total administrative$98,064
What these fees cost you
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Source: U.S. Department of Labor, Form 5500 series, EIN 741701559 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.