Plan Ledger DOL Form 5500 · updated monthly

Bld Services. LLC401(k)

BLD SERVICES 401(K) PLAN · KENNER, LA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Bld Services. LLC reported $9,795 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,717 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 fell from 0.07% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 247th-largest of 884 plans among Louisiana employers on file, and the 1,998th of 5,337 in construction. In 2024, the employer put in $1.40 for every $1.00 employees contributed themselves; active participation has grown from 210 to 274 since 2022.

Plan summary
Net assets, end of year$20,315,495
Participants with balances282
Active participants274
Employer contributions$1,566,432
Employee contributions$1,122,442
Employer contribution per active participant$5,717
Average account balance$72,041
Benefits paid to participants$981,895
Plan auditUnmodified (clean) audit opinion
AuditorHAWTHORN, WAYMOUTH CARROLL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.3M · 282 accts · $1.6M emplr
2023$16.0M · 266 accts · $1.5M emplr
2022$12.4M · 260 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,795
Total administrative$9,795
The Bld Services. LLC 401(k) match · 2024
Employer contribution per active participant$5,717
Median for plans this size$2,416
2024$5,717 per active participant
2023$6,230 per active participant
2022$5,339 per active participant

Bld Services. LLC's 2024 employer contribution ran above the $2,416 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 · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$9,795

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$9,795 · 0.05%
2023$14,951 · 0.11%
2022$8,595 · 0.07%
Same employer
Similar plansConstruction · Louisiana
Stl Holding Company, LLC LA$26.3M · 0.37%
The Lemoine Company, LLC LA$26.1M · 0.13%
Nvi, LLC LA$21.2M · 0.49%
All Star Electric, Inc. LA$18.1M · 0.06%
Broussard Brothers, Inc. LA$17.8M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721512625 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.