Plan Ledger DOL Form 5500 · updated monthly

S&B USA Construction401(k)

S&B USA / ASN / BPC 401(K) PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

S&B USA Construction reported $250,305 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $13,860 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 0.32% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 783rd-largest of 3,651 plans among Pennsylvania employers on file, and the 1,051st of 5,337 in construction. In 2024, the employer put in $2.26 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$50,438,840
Participants with balances1,071
Active participants706
Employer contributions$9,784,924
Employee contributions$4,327,725
Employer contribution per active participant$13,860
Average account balance$47,095
Benefits paid to participants$10,255,687
Plan auditUnmodified (clean) audit opinion
AuditorGROSSMAN YANAK & FORD, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$50.4M · 1,071 accts · $9.8M emplr
2023$40.7M · 805 accts · $6.9M emplr
2022$29.7M · 315 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$250,305
Total administrative$250,305
The S&B USA Construction 401(k) match · 2024
Employer contribution per active participant$13,860
Median for plans this size$2,416
2024$13,860 per active participant
2023$13,907 per active participant
2022$1,920 per active participant

S&B USA Construction's 2024 employer contribution ran above the $2,416 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 · 20243
BDO USA, P.C.$23,031
GROSSMAN, YANAK AND FORD, LLP$9,901
THE ASCENT GROUP, LLCindirect comp

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$250,305 · 0.55%
2023$140,218 · 0.40%
2022$105,309 · 0.32%
Same employer
Similar plansConstruction · Pennsylvania
Mascaro Services, Inc. PA$50.7M · 0.18%
M. Davis & Sons, Inc. PA$49.7M · 0.29%
Sila Services, LLC PA$47.6M · 0.35%
Conewago Holdings, Inc. PA$46.3M · 0.24%
Mericle Construction, Inc. PA$46.2M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900882359 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.