Plan Ledger DOL Form 5500 · updated monthly

Building Zone Industries, LLC401(k)

BZI 401(K) PROFIT SHARING PLAN · KANNARRAVILLE, UT · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Building Zone Industries, LLC reported $41,105 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. Employer contributions averaged $1,583 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 1 year on file its reported administrative ratio fell from 0.89% to 0.74%. 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 Utah (527th of 848), and 3,506th of 5,337 in construction. In 2024, employees put in $1.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,348,483
Participants with balances249
Active participants744
Employer contributions$1,177,523
Employee contributions$1,585,161
Employer contribution per active participant$1,583
Average account balance$29,512
Benefits paid to participants$454,588
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$7.3M · 249 accts · $1.2M emplr
2023$3.7M · 166 accts · $618K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,215
Investment management$29,890
Total administrative$41,105
The Building Zone Industries, LLC 401(k) match · 2024
Employer contribution per active participant$1,583
Median for plans this size$1,313
2024$1,583 per active participant
2023$3,986 per active participant

Building Zone Industries, LLC'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 · 20244
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$21,197
RESOURCES INVESTMENT ADVISORS, LLC · Investment management$7,682
DWC ERISA CONSULTANTS LLC DBA DWC T · Contract administrator$1,275

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

Administrative cost history2
2024$41,105 · 0.74%
2023$24,835 · 0.89%
Same employer
Similar plansConstruction · Utah
Umc, Inc. UT$9.2M · 0.24%
Bh Inc UT$9.1M · 0.57%
Gunthers, Inc. UT$9.0M · 0.20%
Broken Arrow Incorporated UT$7.5M · 0.22%
Kimball Management UT$7.1M · 0.53%
Colt Builders Corp. UT$7.1M · 0.46%
Rmd Management, Inc. UT$6.0M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813252915 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.