Plan Ledger DOL Form 5500 · updated monthly

Bureau Veritas Holdings, Inc.401(k)

BUREAU VERITAS INDUSTRIES & FACILITIES 401(K) PROFIT SHARING PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Bureau Veritas Holdings, Inc. reported $512,385 in plan administrative expenses for 2024: 0.19% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,398 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 0.00% to 0.19%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 303rd-largest of 5,688 plans among Texas employers on file, and the 582nd of 11,654 in professional & technical services. In 2024, employees put in $3.63 for every $1.00 the employer contributed; active participation has grown from 3,219 to 4,286 since 2022.

Plan summary
Net assets, end of year$289,504,221
Participants with balances5,097
Active participants4,286
Employer contributions$5,991,488
Employee contributions$21,734,805
Employer contribution per active participant$1,398
Average account balance$56,799
Benefits paid to participants$31,765,241
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$289.5M · 5,097 accts · $6.0M emplr
2023$256.0M · 4,616 accts · $5.1M emplr
2022$177.3M · 4,091 accts · $3.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$213,652
Investment management$120,489
Audit (IQPA)$36,750
Total administrative$512,385
The Bureau Veritas Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$1,398
Median for plans this size$4,294
2024$1,398 per active participant
2023$1,485 per active participant
2022$1,145 per active participant

Bureau Veritas Holdings, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20245
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$213,652
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$120,489
WINSTON & STRAWN LLP · Legal$91,197
NFP RETIREMENT · Consulting$50,297
CBIZ CPAS P.C. · Accounting / audit$36,750

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$512,385 · 0.19%
2023$207,468 · 0.10%
2022$5,380 · 0.00%
Same employer
Similar plansProfessional & Technical Services · Texas
Claims Services Group, LLC TX$314.9M · 0.12%
Jackson Walker LLP TX$309.0M · 0.04%
Fugro (USA) Holdings Inc TX$306.6M · 0.28%
Hks, Inc. TX$290.9M · 0.04%
Winstead PC TX$286.3M · 0.07%
Freese and Nichols, Inc. TX$274.6M · 0.09%
Bracewell LLP TX$258.0M · 0.02%
Musarubra US, LLC TX$251.0M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133468812 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.