Plan Ledger DOL Form 5500 · updated monthly

Scott Bridge Company, Inc.401(k)

SCOTT BRIDGE COMPANY, INC. PROFIT SHARING PLAN · OPELIKA, AL · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Scott Bridge Company, Inc. reported $133,364 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $2,548 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 0.47% to 0.44%. 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 223rd-largest of 902 plans among Alabama employers on file, and the 1,507th of 5,337 in construction. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,629,772
Participants with balances513
Active participants318
Employer contributions$810,292
Employee contributions$1,406,823
Employer contribution per active participant$2,548
Average account balance$59,707
Benefits paid to participants$3,567,009
Plan auditUnmodified (clean) audit opinion
AuditorTHE HIGHLANDS ACCOUNTING GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$30.6M · 513 accts · $810K emplr
2023$29.4M · 436 accts · $784K emplr
2022$26.7M · 421 accts · $700K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$88,364
Investment management$45,000
Total administrative$133,364
The Scott Bridge Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,548
Median for plans this size$2,416
2024$2,548 per active participant
2023$2,650 per active participant
2022$2,135 per active participant

Scott Bridge Company, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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
COMMONWEALTH EQUITY SERVICES LLC DB · Investment advisory (plan)$45,000

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$133,364 · 0.44%
2023$105,145 · 0.37%
2022$126,653 · 0.47%
Same employer
Similar plansConstruction · Alabama
Burkes Mechanical, Inc. AL$27.7M · 0.36%
Pose Group, Inc. AL$23.0M · 0.04%
McAbee Construction, Inc. AL$22.8M · 0.38%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 630500583 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.