Plan Ledger DOL Form 5500 · updated monthly

Building & Earth Sciences, Inc.401(k)

BUILDING & EARTH SCIENCES, INC. 401(K) PLAN · IRONDALE, AL · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Building & Earth Sciences, Inc. reported $56,716 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,807 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 0.32% to 0.43%. 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 364th-largest of 902 plans among Alabama employers on file, and 6,576th of 11,654 in professional & technical services. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has grown from 221 to 257 since 2022.

Plan summary
Net assets, end of year$14,970,633
Participants with balances213
Active participants257
Employer contributions$464,383
Employee contributions$853,924
Employer contribution per active participant$1,807
Average account balance$70,285
Benefits paid to participants$495,376
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 213 accts · $464K emplr
2023$11.7M · 187 accts · $391K emplr
2022$9.2M · 192 accts · $364K emplr
Administrative expenses, itemized · 2024
Investment management$56,716
Total administrative$56,716
The Building & Earth Sciences, Inc. 401(k) match · 2024
Employer contribution per active participant$1,807
Median for plans this size$2,416
2024$1,807 per active participant
2023$1,700 per active participant
2022$1,645 per active participant

Building & Earth Sciences, Inc.'s 2024 employer contribution ran below 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 · 20243
LINCOLN NATIONAL CORPORATION · Recordkeeping$34,316
MERRILL LYNCH · Trustee$20,524
AZALEA ADMINISTRATION · Contract administrator$9,063

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

Recordkeeper by year2
2024Lincoln Financial
2023Lincoln Financial

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$56,716 · 0.43%
2023$41,650 · 0.40%
2022$31,974 · 0.32%
Similar plansProfessional & Technical Services · Alabama
Vali Incorporated AL$15.6M · 0.08%
Higherechelon, Inc. AL$14.8M · 0.57%
Beshenich Muir & Associates AL$14.1M · 0.26%
Nmr Consulting, Inc. AL$13.7M · 0.30%
Interfuze Corporation AL$12.8M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 631195354 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.