Plan Ledger DOL Form 5500 · updated monthly

Brasfield & Gorrie, L.L.C.401(k)

BRASFIELD & GORRIE 401(K) PLAN · BIRMINGHAM, AL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Brasfield & Gorrie, L.L.C. reported $187,791 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $4,366 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 rose from 0.01% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 18th-largest of 902 plans among Alabama employers on file, and the 142nd of 5,337 in construction. In 2024, employees put in $1.72 for every $1.00 the employer contributed; active participation has grown from 3,471 to 4,289 since 2022.

Plan summary
Net assets, end of year$492,872,400
Participants with balances4,701
Active participants4,289
Employer contributions$18,725,199
Employee contributions$32,226,313
Employer contribution per active participant$4,366
Average account balance$104,844
Benefits paid to participants$41,833,935
Plan auditUnmodified (clean) audit opinion
AuditorCOKER AND COMPANY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$492.9M · 4,701 accts · $18.7M emplr
2023$420.4M · 4,495 accts · $13.8M emplr
2022$341.0M · 4,698 accts · $12.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,941
Total administrative$187,791
The Brasfield & Gorrie, L.L.C. 401(k) match · 2024
Employer contribution per active participant$4,366
Median for plans this size$4,294
2024$4,366 per active participant
2023$3,775 per active participant
2022$3,580 per active participant

Brasfield & Gorrie, L.L.C.'s 2024 employer contribution ran above the $4,294 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$86,144

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$187,791 · 0.04%
2023$85,416 · 0.02%
2022$42,206 · 0.01%
Same employer
Similar plansConstruction · Alabama
Austin Industries, Inc. TX$511.6M · 0.10%
Core & Main MO$500.4M · 0.20%
J. F. Shea Company, Inc. CA$482.7M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721400223 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.