Plan Ledger DOL Form 5500 · updated monthly

Brinkman Construction Inc.401(k)

BRINKMAN 401(K) PLAN · FORT COLLINS, CO · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Brinkman Construction Inc. reported $28,144 in plan administrative expenses for 2024: 0.33% of average plan assets, below the peer median. Employer contributions averaged $4,756 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 0.26% to 0.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Colorado (822nd of 1,461), and 3,189th of 5,337 in construction. In 2024, employees put in $2.39 for every $1.00 the employer contributed; active participation has shrunk from 139 to 85 since 2022.

Plan summary
Net assets, end of year$9,363,007
Participants with balances116
Active participants85
Employer contributions$404,295
Employee contributions$966,378
Employer contribution per active participant$4,756
Average account balance$80,716
Benefits paid to participants$911,025
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 116 accts · $404K emplr
2023$7.8M · 131 accts · $424K emplr
2022$6.6M · 138 accts · $394K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,144
Total administrative$28,144
The Brinkman Construction Inc. 401(k) match · 2024
Employer contribution per active participant$4,756
Median for plans this size$1,313
2024$4,756 per active participant
2023$3,750 per active participant
2022$2,831 per active participant

Brinkman Construction Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$28,144
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$28,144 · 0.33%
2023$23,843 · 0.33%
2022$20,729 · 0.26%
Similar plansConstruction · Colorado
Concrete Express, Inc. CO$9.4M · 0.60%
Tanco Engineering, Inc. CO$9.4M · 0.58%
Lightning Ventures, Inc. CO$8.8M · 0.59%
Iron Woman Partners LLC CO$8.4M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472212937 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.