Bilfinger Inc. 401(k) Review & Grade
Bilfinger Inc. Retirement Plan
Reston, VAConstruction1,454 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,642Employer $ per active participant
$3,434Employee $ saved per active participant
0.20%Direct admin cost, % of plan assets
$112.2MNet plan assets, end of year
$111,156Average balance per account
Score breakdown
- Employer generosity24.2 / 5048th percentile for employer $ per participant
- Low cost13.7 / 2555th percentile for low admin cost vs. same-size plans
- Employee saving6.4 / 1542th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score37 / 100 · Grade D
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 48th |
| Lower admin cost | 55th |
| Employee saving | 42th |
| Peers that auto-enroll | 44% |
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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 ($2,814 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
- Bilfinger put in about $1,642 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 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 | $2,387,077 |
| Participant (employee) contributions | $4,991,760 |
| Other contributions (incl. rollovers in) | $663,528 |
| Administrative expenses paid from the plan | $212,255 |
| Contract administrator fees | $212,255 |
| Benefits paid out | $11,158,369 |
| Net assets, start / end of year | $102.2M / $112.2M |
| Active participants, start / end of year | 1,430 / 1,477 |
| Participants with account balances | 1,009 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cbiz Cpas P.C. |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $212,255 reported compensation |
| Creative Planning, Inc. | $82,001 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014120828NAL0002849361001, received 2025-10-14, EIN 26-1983340, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.