Plan Ledger DOL Form 5500 · updated monthly

Bnbuilders, Inc.401(k)

BNBUILDERS, INC. 401(K) PROFIT SHARING PLAN AND TRUST · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Bnbuilders, Inc. reported $92,323 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $5,555 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 0.18% to 0.15%. 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 253rd-largest of 1,714 plans among Washington employers on file, and the 2,083rd of 11,654 in professional & technical services. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$69,066,161
Participants with balances737
Active participants556
Employer contributions$3,088,766
Employee contributions$6,145,623
Employer contribution per active participant$5,555
Average account balance$93,713
Benefits paid to participants$5,551,032
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$69.1M · 737 accts · $3.1M emplr
2023$56.6M · 739 accts · $3.1M emplr
2022$42.3M · 702 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,218
Investment management$37,500
Total administrative$92,323
The Bnbuilders, Inc. 401(k) match · 2024
Employer contribution per active participant$5,555
Median for plans this size$3,635
2024$5,555 per active participant
2023$5,681 per active participant
2022$4,519 per active participant

Bnbuilders, Inc.'s 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
USI CONSULTING GROUP, INC. · Recordkeeping · Loan processing$45,218
USI ADVISORS, INC. · Investment advisory (participants) · Investment advisory (plan)$37,500
CHARLES SCHWAB TRUST BANK · Custodial · Custodial (securities)$9,605
CREATIVE PLANNING LLC · Other services$3,766
CHARLES SCHWAB & CO., INC. · Custodial · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024USI Consulting
2023USI Consulting

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Administrative cost history3
2024$92,323 · 0.15%
2023$81,576 · 0.17%
2022$78,294 · 0.18%
All plans at this employer2
BNBUILDERS, INC. 401(K) PROFIT SHARING PLAN AND TRUST401(k)
BNBUILDERS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Clark Nuber P.S. WA$76.3M · 0.00%
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Karr Tuttle Campbell, P.S. WA$61.7M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 912065353 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.