Associated Brigham Contractors Inc 401(k) Review & Grade
Associated Brigham Contractors Inc. 401(k) Plan
Brigham City, UTConstruction656 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$607Employer $ per active participant
$1,591Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$17.9MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity9.7 / 5019th percentile for employer $ per participant
- Low cost23.4 / 2594th percentile for low admin cost vs. same-size plans
- Employee saving2.4 / 1516th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score45 / 100 · Grade C
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 19th |
| Lower admin cost | 94th |
| Employee saving | 16th |
| 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
- Associated Brigham Contractors put in about $607 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $397,981 |
| Participant (employee) contributions | $1,043,998 |
| Other contributions (incl. rollovers in) | $3,943 |
| Administrative expenses paid from the plan | $4,334 |
| Investment advisory & management fees | $12,049 |
| Benefits paid out | $830,697 |
| Net assets, start / end of year | $14.9M / $17.9M |
| Active participants, start / end of year | 543 / 769 |
| Participants with account balances | 269 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Davis & Bott Cpa's |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $12,049 reported compensation |
| Fidelity Investments Institutional | −$7,715 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250703102557NAL0000255043001, received 2025-07-03, EIN 87-0253167, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.