Plan Ledger DOL Form 5500 · updated monthly

Burns & McDonnell, IncESOP

BURNS & MCDONNELL, INC. EMPLOYEE STOCK OWNERSHIP PLAN · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Burns & McDonnell, Inc reported $788,486 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $21,387 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 0.02%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other professional & technical services employers. By assets it is the 5th-largest of 1,393 plans among Missouri employers on file, and the 25th of 11,654 in professional & technical services. active participation has grown from 8,546 to 10,567 since 2022.

Plan summary
Net assets, end of year$5,463,087,993
Participants with balances11,599
Active participants10,567
Employer contributions$226,000,000
Employee contributions—
Employer contribution per active participant$21,387
Average account balance$470,996
Benefits paid to participants$319,126,854
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.5B · 11,599 accts · $226.0M emplr
2023$4.7B · 10,863 accts · $207.0M emplr
2022$4.0B · 9,597 accts · $190.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,385
Investment management$702,101
Total administrative$788,486
Employer contributions to the Burns & McDonnell, Inc plan · 2024
Employer contribution per active participant$21,387
Median for plans this size$5,259
2024$21,387 per active participant
2023$20,926 per active participant
2022$22,233 per active participant

Burns & McDonnell, Inc's 2024 employer contribution ran above the $5,259 median for plans its size, placing it in the top 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 · 20242
COMMERCE BANK · Custodial (securities) · Investment management$702,101
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$82,835

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$788,486 · 0.02%
2023$650,920 · 0.02%
2022$570,041 · 0.01%
All plans at this employer2
BURNS & MCDONNELL, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
BURNS & MCDONNELL, INC. 401(K) SAVINGS PLAN401(k)
Same employer
Similar plansProfessional & Technical Services · Missouri
Aecom TX$6.8B · 0.02%
Bloomberg L.P. NY$5.7B · 0.00%
Mms USA Holdings, Inc. IL$5.2B · 0.04%
Fiserv Solutions, LLC. WI$5.1B · 0.03%
The Mitre Corporation MA$5.1B · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431393692 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.