Plan Ledger DOL Form 5500 · updated monthly

Bradbury Stamm Construction, Inc.401(k)

BRADBURY STAMM CONSTRUCTION, INC. 401(K) PLAN · ALBUQUERQUE, NM · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Bradbury Stamm Construction, Inc. reported $91,660 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $3,303 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 3 years on file its reported administrative ratio has held roughly steady near 0.44%. 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 76th-largest of 290 plans among New Mexico employers on file, and the 1,823rd of 5,337 in construction. In 2024, employees put in $2.33 for every $1.00 the employer contributed; active participation has grown from 173 to 222 since 2022.

Plan summary
Net assets, end of year$23,170,528
Participants with balances248
Active participants222
Employer contributions$733,329
Employee contributions$1,712,184
Employer contribution per active participant$3,303
Average account balance$93,430
Benefits paid to participants$1,040,676
Plan auditUnmodified (clean) audit opinion
AuditorBFBA, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$23.2M · 248 accts · $733K emplr
2023$19.0M · 232 accts · $629K emplr
2022$15.0M · 216 accts · $583K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,980
Investment management$51,680
Total administrative$91,660
The Bradbury Stamm Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$3,303
Median for plans this size$2,416
2024$3,303 per active participant
2023$3,381 per active participant
2022$3,368 per active participant

Bradbury Stamm Construction, Inc.'s 2024 employer contribution ran above the $2,416 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
OSAIC WEALTH INC · Investment advisory (plan)$51,680
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$39,980

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$91,660 · 0.44%
2023$77,896 · 0.46%
2022$74,874 · 0.45%
Same employer
Similar plansConstruction · New Mexico
Jaynes Companies NM$42.4M · 0.23%
Brycon Corporation NM$24.6M · 0.48%
Tlc Company, Inc. NM$22.8M · 0.09%
Aui, Inc. NM$20.1M · 0.73%
B & D Industries, Inc. NM$15.7M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850133987 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.