Brock Enterprises, LLC 401(k) Review & Grade
Brock Enterprises, LLC 401(k) Plan
Houston, TXConstruction6,614 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$229Employer $ per active participant
$970Employee $ saved per active participant
0.30%Direct admin cost, % of plan assets
$88.0MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity4.0 / 508th percentile for employer $ per participant
- Low cost5.8 / 2523th percentile for low admin cost vs. same-size plans
- Employee saving1.2 / 158th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-23 pts3 issues reported on the filing
Total score0 / 100 · Grade F
This plan vs. peers
Peers: Construction plans with 2,500–9,999 active participants (76 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 8th |
| Lower admin cost | 23th |
| Employee saving | 8th |
| Peers that auto-enroll | 57% |
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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 ($168 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Benefits not paid when due: the plan reported failing to pay some benefits on time.
Corrective distributions: the plan refunded $158,126 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Brock Enterprises put in about $229 per active participant, below the typical peer ($1,965). 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.
- Direct plan expenses (0.30% of assets) are well above similar-size plans (0.12%). 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 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 | $1,514,140 |
| Participant (employee) contributions | $6,416,792 |
| Other contributions (incl. rollovers in) | $963,210 |
| Administrative expenses paid from the plan | $255,301 |
| Contract administrator fees | $1,200 |
| Investment advisory & management fees | $65,000 |
| Benefits paid out | $15,332,594 |
| Net assets, start / end of year | $83.6M / $88.0M |
| Active participants, start / end of year | 6,760 / 6,469 |
| Participants with account balances | 1,938 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Whitley Penn LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $104,892 reported compensation |
| Whitleypenn | $67,034 reported compensation |
| Creative Planning LLC | $65,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010082522NAL0004068227001, received 2025-10-10, EIN 74-1266414, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.