Plan Ledger DOL Form 5500 · updated monthly

Bkf Engineers401(k)

BKF ENGINEERS 401(K) PROFIT SHARING PLAN · REDWOOD CITY, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Bkf Engineers reported $21,579 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,125 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 0.005% to 0.015%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 701st-largest of 9,483 plans among California employers on file, and the 1,041st of 11,654 in professional & technical services. In 2024, the employer put in $1.10 for every $1.00 employees contributed themselves; active participation has shrunk from 458 to 405 since 2022.

Plan summary
Net assets, end of year$149,827,854
Participants with balances524
Active participants405
Employer contributions$5,315,572
Employee contributions$4,852,013
Employer contribution per active participant$13,125
Average account balance$285,931
Benefits paid to participants$17,770,176
Plan auditUnmodified (clean) audit opinion
AuditorCAMPBELL TAYLER WASHBURN
Plan history3
Yearassets · accounts · employer contribution
2024$149.8M · 524 accts · $5.3M emplr
2023$138.3M · 520 accts · $2.4M emplr
2022$121.1M · 530 accts · $5.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,256
Investment management$19,323
Total administrative$21,579
The Bkf Engineers 401(k) match · 2024
Employer contribution per active participant$13,125
Median for plans this size$3,635
2024$13,125 per active participant
2023$5,975 per active participant
2022$11,969 per active participant

Bkf Engineers's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$19,505
CHARLES SCHWAB & CO., INC. · Securities brokerage$275

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$21,579 · 0.01%
2023$30,352 · 0.02%
2022$7,191 · 0.01%
Same employer
Similar plansProfessional & Technical Services · California
Globallogic Inc. CA$154.7M · 0.05%
Appfolio, Inc. CA$152.9M · 0.15%
Bpm LLP CA$152.1M · 0.04%
Willdan Group, Inc. CA$148.8M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941729773 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.