Plan Ledger DOL Form 5500 · updated monthly

Building Controls & Services, Inc.401(k)

BUILDING CONTROLS & SERVICES, INC. 401(K) PROFIT SHARING PLAN · WICHITA, KS · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Building Controls & Services, Inc. reported $35,622 in plan administrative expenses for 2024: 0.37% of average plan assets, below the peer median. Employer contributions averaged $1,798 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 0.37%. 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 Kansas (487th of 828), and 3,064th of 5,337 in construction. In 2024, employees put in $2.94 for every $1.00 the employer contributed; active participation has grown from 118 to 144 since 2022.

Plan summary
Net assets, end of year$10,199,206
Participants with balances130
Active participants144
Employer contributions$258,898
Employee contributions$761,456
Employer contribution per active participant$1,798
Average account balance$78,455
Benefits paid to participants$1,145,657
Plan auditUnmodified (clean) audit opinion
AuditorADAMSBROWN, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 130 accts · $259K emplr
2023$9.1M · 109 accts · $219K emplr
2022$7.4M · 101 accts · $210K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,622
Total administrative$35,622
The Building Controls & Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,798
Median for plans this size$1,313
2024$1,798 per active participant
2023$1,655 per active participant
2022$1,779 per active participant

Building Controls & Services, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
FIDELITY INVESTMENTS · Loan processing$35,622
MORGAN STANLEY SMITH BARNEYindirect 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$35,622 · 0.37%
2023$32,454 · 0.39%
2022$32,741 · 0.38%
Same employer
Similar plansConstruction · Kansas
Penny's Concrete, Inc. KS$13.5M · 0.52%
Midwest Drywall Co., Inc. KS$12.6M · 0.42%
Koss Construction Company KS$11.6M · 0.36%
Industrial Electric Company KS$10.5M · 0.97%
Pearson Construction, LLC KS$9.8M · 0.76%
Hi-Tech Interiors, Inc. KS$8.9M · 0.46%
REMEDI8 Holdings Corp. KS$8.8M · 0.73%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 481000249 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.