Plan Ledger DOL Form 5500 · updated monthly

Safebuilt, LLC401(k)

SAFEBUILT 401(K) PLAN · LOVELAND, CO · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Safebuilt, LLC reported $77,586 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $1,963 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 0.07% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 152nd-largest of 1,461 plans among Colorado employers on file, and the 709th of 5,337 in construction. In 2024, employees put in $2.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$84,660,868
Participants with balances2,195
Active participants1,441
Employer contributions$2,828,522
Employee contributions$6,387,306
Employer contribution per active participant$1,963
Average account balance$38,570
Benefits paid to participants$9,432,364
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$84.7M · 2,195 accts · $2.8M emplr
2023$75.1M · 2,133 accts · $3.2M emplr
2022$63.0M · 1,856 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,795
Investment management$11,556
Total administrative$77,586
The Safebuilt, LLC 401(k) match · 2024
Employer contribution per active participant$1,963
Median for plans this size$3,635
2024$1,963 per active participant
2023$2,048 per active participant
2022$1,965 per active participant

Safebuilt, LLC's 2024 employer contribution ran below the $3,635 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
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$9,840
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)$9,701
LOCKTON INVESTMENT ADVISORS, LLC · Investment advisory (participants)$7,102
CREATIVE PLANNING HOLD CO, LLCindirect comp
ASCENSUS C/O FUTUREPLAN · Other servicesindirect 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$77,586 · 0.10%
2023$60,974 · 0.09%
2022$48,451 · 0.07%
Same employer
Similar plansConstruction · Colorado
Century Communities, Inc. CO$113.2M · 0.13%
Encore Electric, Inc. CO$92.1M · 0.18%
Fci Constructors, Inc. CO$82.2M · 0.14%
Mwh Constructors, Inc. CO$67.7M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205281305 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.