Hcbeck, LTD. 401(k) Review & Grade
The Beck Group Retirement Savings Plan · d/b/a The Beck Group
Dallas, TXConstruction744 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$6,017Employer $ per active participant
$9,723Employee $ saved per active participant
0.17%Direct admin cost, % of plan assets
$189.9MNet plan assets, end of year
$172,479Average balance per account
Score breakdown
- Employer generosity45.4 / 5091th percentile for employer $ per participant
- Low cost15.0 / 2560th percentile for low admin cost vs. same-size plans
- Employee saving14.0 / 1593th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score84 / 100 · Grade A
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 91th |
| Lower admin cost | 60th |
| Employee saving | 93th |
| 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
- Hcbeck put in about $6,017 per active participant, more than the typical peer ($1,672). 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 | $4,477,002 |
| Participant (employee) contributions | $7,234,149 |
| Other contributions (incl. rollovers in) | $272,126 |
| Administrative expenses paid from the plan | $311,675 |
| Investment advisory & management fees | $9,122 |
| Other admin expenses | $71,269 |
| Benefits paid out | $19,744,823 |
| Net assets, start / end of year | $183.4M / $189.9M |
| Active participants, start / end of year | 765 / 723 |
| Participants with account balances | 1,101 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Weaver and Tidwell, L.L.P. |
Largest service providers (Schedule C)
| T Rowe Price RPS Inc | $83,826 reported compensation |
| Creative Planning LLC | $70,000 reported compensation |
| Weaver and Tidwell, LLP | $25,020 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250923122136NAL0002550115001, received 2025-09-23, EIN 75-1731802, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.