S&b Engineers and Constructors,ltd. 401(k) Review & Grade
S & B Engineers and Constructors, LTD. Retirement Savings Plan
Houston, TXConstruction4,100 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,741Employer $ per active participant
$6,481Employee $ saved per active participant
0.08%Direct admin cost, % of plan assets
$589.8MNet plan assets, end of year
$164,146Average balance per account
Score breakdown
- Employer generosity31.3 / 5063th percentile for employer $ per participant
- Low cost16.1 / 2564th percentile for low admin cost vs. same-size plans
- Employee saving10.2 / 1568th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score48 / 100 · Grade C
This plan vs. peers
Peers: Construction plans with 2,500–9,999 active participants (76 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 63th |
| Lower admin cost | 64th |
| Employee saving | 68th |
| Peers that auto-enroll | 57% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
Corrective distributions: the plan refunded $310 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- S&b Engineers and Constructors,ltd. put in about $2,741 per active participant, more than the typical peer ($1,965). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 | $11,236,195 |
| Participant (employee) contributions | $26,567,987 |
| Other contributions (incl. rollovers in) | $3,938,658 |
| Administrative expenses paid from the plan | $448,766 |
| Contract administrator fees | $600 |
| Investment advisory & management fees | $270,680 |
| Other admin expenses | $69,717 |
| Benefits paid out | $68,898,892 |
| Net assets, start / end of year | $537.1M / $589.8M |
| Active participants, start / end of year | 3,435 / 4,764 |
| Participants with account balances | 3,593 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Melton & Melton LLP |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $270,680 reported compensation |
| Fidelity Investments Institutional | $111,368 reported compensation |
| Prime Capital Investment Advisors, | $68,750 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250730162555NAL0005947152001, received 2025-07-30, EIN 32-0625534, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.