Plan Ledger DOL Form 5500 · updated monthly

Boulder Heavy Industries, LLC401(k)

BOULDER HEAVY INDUSTRIES, LLC 401(K) PLAN · BOULDER, CO · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Boulder Heavy Industries, LLC reported $12,987 in plan administrative expenses for 2024: 0.18% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,342 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 0.23% to 0.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Colorado (911th of 1,461), and 8,949th of 11,654 in professional & technical services. In 2024, employees put in $2.10 for every $1.00 the employer contributed; active participation has shrunk from 109 to 89 since 2022.

Plan summary
Net assets, end of year$7,298,436
Participants with balances136
Active participants89
Employer contributions$119,439
Employee contributions$250,520
Employer contribution per active participant$1,342
Average account balance$53,665
Benefits paid to participants$1,044,138
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 136 accts · $119K emplr
2023$6.8M · 139 accts · $303K emplr
2022$6.6M · 176 accts · $340K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,365
Investment management$6,622
Total administrative$12,987
The Boulder Heavy Industries, LLC 401(k) match · 2024
Employer contribution per active participant$1,342
Median for plans this size$1,313
2024$1,342 per active participant
2023$3,990 per active participant
2022$3,121 per active participant

Boulder Heavy Industries, LLC's 2024 employer contribution ran above the $1,313 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,622
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$6,365

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$12,987 · 0.18%
2023$17,663 · 0.26%
2022$15,941 · 0.23%
Same employer
Similar plansProfessional & Technical Services · Colorado
Orthofi, Inc. CO$7.9M · 0.17%
Booyah Advertising, Inc. CO$7.9M · 0.05%
Efolder, Inc. CO$7.7M · 0.50%
Egg Strategy, Inc. CO$7.2M · 0.40%
Simpro Software Limited CO$7.0M · 0.11%
Idol Minds, LLC CO$6.6M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208317308 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.