Plan Ledger DOL Form 5500 · updated monthly

Borderland Construction Company, Inc.401(k)

BORDERLAND CONSTRUCTION CO., INC. 401(K) PLAN · TUCSON, AZ · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Borderland Construction Company, Inc. reported $11,272 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $487 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 0.16% to 0.10%. 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 528th-largest of 1,285 plans among Arizona employers on file, and 2,837th of 5,337 in construction. In 2024, employees put in $5.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,805,455
Participants with balances342
Active participants344
Employer contributions$167,361
Employee contributions$836,797
Employer contribution per active participant$487
Average account balance$34,519
Benefits paid to participants$383,754
Plan auditUnmodified (clean) audit opinion
AuditorREGIER CARR & MONROE, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 342 accts · $167K emplr
2023$9.7M · 334 accts · $164K emplr
2022$9.0M · 329 accts · $172K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,272
Total administrative$11,272
The Borderland Construction Company, Inc. 401(k) match · 2024
Employer contribution per active participant$487
Median for plans this size$2,416
2024$487 per active participant
2023$502 per active participant
2022$506 per active participant

Borderland Construction Company, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$11,272

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$11,272 · 0.10%
2023$28,137 · 0.30%
2022$16,265 · 0.16%
Same employer
Similar plansConstruction · Arizona
Sunbelt Modular Inc. AZ$11.8M · 0.07%
The Rock Solid, Inc. AZ$11.5M · 0.13%
Jenco, Inc. AZ$9.7M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860323497 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.