Plan Ledger DOL Form 5500 · updated monthly

Hensel Phelps Construction Co.401(k)

HENSEL PHELPS SALARY RETIREMENT PLAN · GREELEY, CO · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Hensel Phelps Construction Co. reported $263,392 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $9,334 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 fell from 0.06% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 29th-largest of 1,461 plans among Colorado employers on file, and the 106th of 5,337 in construction. In 2024, the employer put in $2.74 for every $1.00 employees contributed themselves; active participation has grown from 2,797 to 3,720 since 2022.

Plan summary
Net assets, end of year$645,604,523
Participants with balances3,646
Active participants3,720
Employer contributions$34,722,751
Employee contributions$12,667,885
Employer contribution per active participant$9,334
Average account balance$177,072
Benefits paid to participants$30,360,066
Plan auditUnmodified (clean) audit opinion
AuditorK FINANCIAL, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$645.6M · 3,646 accts · $34.7M emplr
2023$539.8M · 3,323 accts · $31.2M emplr
2022$441.4M · 3,107 accts · $29.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$155,672
Investment management$47,631
Total administrative$263,392
The Hensel Phelps Construction Co. 401(k) match · 2024
Employer contribution per active participant$9,334
Median for plans this size$4,294
2024$9,334 per active participant
2023$10,114 per active participant
2022$10,464 per active participant

Hensel Phelps Construction Co.'s 2024 employer contribution ran above the $4,294 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 · 20244
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$155,673
KESTRA ADVISORY SERVICES LLC · Other services$53,844
KESTRA FINANCIAL INC · Investment advisory (plan)$26,922
ADVISED ASSETS GROUP, LLC · Investment management$20,709

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

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left Hensel Phelps Construction Co. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$263,392 · 0.04%
2023$246,688 · 0.05%
2022$298,991 · 0.06%
All plans at this employer3
HENSEL PHELPS HOURLY MONEY PURCHASE PENSION PLAN401(k)
HENSEL PHELPS SALARY RETIREMENT PLAN401(k)
HENSEL PHELPS HOURLY RETIREMENT PLANProfit-sharing plan
Same employer
Similar plansConstruction · Colorado
Messer Inc. OH$650.6M · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 840876644 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.