Beusa Energy, LLC 401(k) Review & Grade
Beusa Energy 401(k) Plan
The Woodlands, TXAgriculture, Forestry, Fishing & Hunting1,054 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$7,128Employer $ per active participant
$8,644Employee $ saved per active participant
0.44%Direct admin cost, % of plan assets
$69.0MNet plan assets, end of year
$49,038Average balance per account
Score breakdown
- Employer generosity48.7 / 5097th percentile for employer $ per participant
- Low cost6.8 / 2527th percentile for low admin cost vs. same-size plans
- Employee saving14.5 / 1597th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score70 / 100 · Grade B
This plan vs. peers
Peers: Agriculture, Forestry, Fishing & Hunting plans with 500–2,499 active participants (118 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 97th |
| Lower admin cost | 27th |
| Employee saving | 97th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($25,015 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Beusa Energy put in about $7,128 per active participant, more than the typical peer ($774). 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.
- Direct plan expenses (0.44% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $7,509,176 |
| Participant (employee) contributions | $9,106,148 |
| Other contributions (incl. rollovers in) | $2,190,473 |
| Administrative expenses paid from the plan | $257,814 |
| Contract administrator fees | $185,650 |
| Investment advisory & management fees | $59,854 |
| Other admin expenses | $12,310 |
| Benefits paid out | $4,467,761 |
| Net assets, start / end of year | $47.6M / $69.0M |
| Active participants, start / end of year | 916 / 1,191 |
| Participants with account balances | 1,408 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Bdo USA, P.C. |
Largest service providers (Schedule C)
| Voya Retirement Insurance & Annuity | $258,166 reported compensation |
| Creative Planning Hold Co, LLC | $74,886 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015103929NAL0004610161001, received 2025-10-15, EIN 76-0518096, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.