Plan Ledger DOL Form 5500 · updated monthly

Bridgers and Paxton Consulting Engineers, Inc.401(k)

BRIDGERS AND PAXTON'S 401(K) EMPLOYEE RETIREMENT PLAN · ALBUQUERQUE, NM · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Bridgers and Paxton Consulting Engineers, Inc. reported $47,117 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $2,672 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 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 53rd-largest of 290 plans among New Mexico employers on file, and the 4,433rd of 11,654 in professional & technical services. In 2024, employees put in $2.40 for every $1.00 the employer contributed; active participation has grown from 127 to 158 since 2022.

Plan summary
Net assets, end of year$27,505,733
Participants with balances168
Active participants158
Employer contributions$422,101
Employee contributions$1,013,774
Employer contribution per active participant$2,672
Average account balance$163,725
Benefits paid to participants$839,358
Plan auditUnmodified (clean) audit opinion
AuditorPELTIER, GUSTAFSON & MILLER, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$27.5M · 168 accts · $422K emplr
2023$23.7M · 166 accts · $395K emplr
2022$21.2M · 159 accts · $352K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,216
Investment management$13,723
Trustee / custodial$1,795
Total administrative$47,117
The Bridgers and Paxton Consulting Engineers, Inc. 401(k) match · 2024
Employer contribution per active participant$2,672
Median for plans this size$2,416
2024$2,672 per active participant
2023$2,483 per active participant
2022$2,771 per active participant

Bridgers and Paxton Consulting Engineers, 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 · 20241
BOKF, NA · Investment advisory (plan) · Trustee$47,117

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$47,117 · 0.18%
2023$42,313 · 0.19%
2022$45,494 · 0.19%
Same employer
Similar plansProfessional & Technical Services · New Mexico
Bohannan-Huston, Inc. NM$56.7M · 0.21%
Redw LLC NM$35.6M · 0.12%
Speridian Technologies, LLC NM$24.4M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850133392 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.