BVH, Inc. 401(k) Review & Grade
Black & Veatch Retirement Program
Overland Park, KSProfessional, Scientific & Technical Services7,230 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$16,308Employer $ per active participant
$13,002Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$3.0BNet plan assets, end of year
$293,706Average balance per account
Score breakdown
- Employer generosity49.8 / 50100th percentile for employer $ per participant
- Low cost17.5 / 2570th percentile for low admin cost vs. same-size plans
- Employee saving11.2 / 1575th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score86 / 100 · Grade A
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 2,500–9,999 active participants (231 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 100th |
| Lower admin cost | 70th |
| Employee saving | 75th |
| Peers that auto-enroll | 47% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $18,442 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- BVH put in about $16,308 per active participant, more than the typical peer ($2,951). 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.
- 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 | $117,908,469 |
| Participant (employee) contributions | $94,006,693 |
| Other contributions (incl. rollovers in) | $18,377,335 |
| Administrative expenses paid from the plan | $1,903,835 |
| Contract administrator fees | $190,196 |
| Investment advisory & management fees | $1,240,046 |
| Benefits paid out | $243,493,537 |
| Net assets, start / end of year | $2.7B / $3.0B |
| Active participants, start / end of year | 7,438 / 7,022 |
| Participants with account balances | 10,352 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Pickett Chaney & Mcmullen LLP |
| Employer stock held by plan | $1,238,432,895 |
Largest service providers (Schedule C)
| Kwmg LLC | $715,138 reported compensation |
| Schwab Retirement Plan Services,inc | $472,953 reported compensation |
| Greatbanc Trust Company | $147,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251030144726NAL0001657299001, received 2025-10-30, EIN 47-1888435, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.