Plan Ledger DOL Form 5500 · updated monthly

Burgess Construction Consultants, Inc.401(k)

BURGESS CONSTRUCTION CONSULTANTS, INC. 401(K) PLAN · FAIRVIEW, TX · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Burgess Construction Consultants, Inc. reported $42,698 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,723 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 0.30% to 0.88%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (3,935th of 5,688), and 9,603rd of 11,654 in professional & technical services. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has grown from 175 to 242 since 2022.

Plan summary
Net assets, end of year$5,493,957
Participants with balances244
Active participants242
Employer contributions$416,970
Employee contributions$759,863
Employer contribution per active participant$1,723
Average account balance$22,516
Benefits paid to participants$432,738
Plan auditUnmodified (clean) audit opinion
AuditorALEXANDER & WILLIAMS
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 244 accts · $417K emplr
2023$4.2M · 188 accts · $339K emplr
2022$2.9M · 166 accts · $288K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,503
Investment management$25,195
Total administrative$42,698
The Burgess Construction Consultants, Inc. 401(k) match · 2024
Employer contribution per active participant$1,723
Median for plans this size$1,313
2024$1,723 per active participant
2023$1,796 per active participant
2022$1,645 per active participant

Burgess Construction Consultants, 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 · 20243
KESTRA ADVISORY SERVICES LLC · Investment advisory (plan)$24,105
EMPOWER ADVISORY GROUP, LLC · Investment management$1,090

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$42,698 · 0.88%
2023$27,331 · 0.77%
2022$8,191 · 0.30%
Same employer
Similar plansProfessional & Technical Services · Texas
Powertherm Co Inc TX$5.5M · 0.01%
Srf Personnel, Inc. TX$5.5M · 0.70%
Minol, Inc. TX$5.5M · 0.47%
Photon Infotech Inc TX$5.5M · 0.67%
Bepc, Inc. TX$5.5M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 752473224 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.