Plan Ledger DOL Form 5500 · updated monthly

Sbc, Inc.401(k)

SBC 401(K) PLAN AND TRUST · BOZEMAN, MT · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Sbc, Inc. reported $71,662 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,281 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 0.69% to 0.61%. 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 109th-largest of 229 plans among Montana employers on file, and 2,721st of 5,337 in construction. In 2024, the employer put in $1.01 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$12,697,589
Participants with balances139
Active participants98
Employer contributions$517,492
Employee contributions$510,732
Employer contribution per active participant$5,281
Average account balance$91,350
Benefits paid to participants$261,751
Plan auditUnmodified (clean) audit opinion
AuditorAMATICS CPA GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$12.7M · 139 accts · $517K emplr
2023$10.9M · 144 accts · $498K emplr
2022$9.1M · 154 accts · $497K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,851
Investment management$32,817
Total administrative$71,662
The Sbc, Inc. 401(k) match · 2024
Employer contribution per active participant$5,281
Median for plans this size$2,416
2024$5,281 per active participant
2023$5,358 per active participant
2022$5,176 per active participant

Sbc, Inc.'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 · 20245
LPL FINANCIAL · Investment advisory (plan)$22,486
EMPOWER RETIREMENT ADVISORY SERVICE · Investment management$10,331
LEAFHOUSE FINANCIAL ADVISOR$8,994
SANNAH M BRANDT LLC DBA UPA · Contract administrator$8,994

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$71,662 · 0.61%
2023$62,532 · 0.63%
2022$67,729 · 0.69%
Similar plansConstruction · Montana
Langlas & Associates, Inc. MT$17.8M · 0.18%
Loenbro, LLC. MT$17.3M · 0.67%
Alamon, Inc. MT$15.1M
Martel Construction, Inc. MT$12.1M · 0.64%
Franz Construction, Inc. MT$8.9M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810540152 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.