Plan Ledger DOL Form 5500 · updated monthly

Bruns Construction Enterprises, Inc401(k)

BRUNS CONSTRUCTION ENTERPRISES, INC. 401(K) PLAN · SAINT HENRY, OH · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Bruns Construction Enterprises, Inc reported $48,317 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $51 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 0.87%. 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 Ohio (2,446th of 3,295), and 3,824th of 5,337 in construction. In 2024, employees put in $72.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,792,903
Participants with balances122
Active participants196
Employer contributions$9,934
Employee contributions$715,767
Employer contribution per active participant$51
Average account balance$47,483
Benefits paid to participants$950,066
Plan auditUnmodified (clean) audit opinion
AuditorMAHLE, WACK, ZAIDAIN & CO., PLL
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 122 accts · $10K emplr
2023$5.3M · 116 accts
2022$5.3M · 123 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,353
Investment management$2,964
Total administrative$48,317
The Bruns Construction Enterprises, Inc 401(k) match · 2024
Employer contribution per active participant$51
Median for plans this size$1,313

Bruns Construction Enterprises, Inc's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$950
WILSHIRE ASSOCIATES INC (USA) · Investment advisory (participants)$2,964

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$48,317 · 0.87%
2023$46,919 · 0.88%
2022$51,954 · 0.83%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 461665657 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.