Bfpe International, Inc. 401(k) Review & Grade
Bfpe International, Inc. 401k Plan
Hanover, MDConstruction975 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$641Employer $ per active participant
$4,240Employee $ saved per active participant
0.08%Direct admin cost, % of plan assets
$67.9MNet plan assets, end of year
$117,690Average balance per account
Score breakdown
- Employer generosity10.5 / 5021th percentile for employer $ per participant
- Low cost19.6 / 2578th percentile for low admin cost vs. same-size plans
- Employee saving8.1 / 1554th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score41 / 100 · Grade D
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 21th |
| Lower admin cost | 78th |
| Employee saving | 54th |
| Peers that auto-enroll | 44% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Bfpe International put in about $641 per active participant, below the typical peer ($1,672). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $624,728 |
| Participant (employee) contributions | $4,133,517 |
| Other contributions (incl. rollovers in) | $745,588 |
| Administrative expenses paid from the plan | $52,071 |
| Investment advisory & management fees | $119,559 |
| Benefits paid out | $3,677,702 |
| Net assets, start / end of year | $58.9M / $67.9M |
| Active participants, start / end of year | 867 / 1,083 |
| Participants with account balances | 577 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Snyder Cohn, PC |
Largest service providers (Schedule C)
| Osaic Fa Inc | $119,559 reported compensation |
| Fidelity Investments Institutional | −$67,488 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251008170050NAL0003162851001, received 2025-10-08, EIN 52-0957166, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.