B&e Resources, LLC 401(k) Review & Grade
B&e 401(k) Plan
Beaumont, TXConstruction503 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,077Employer $ per active participant
$1,832Employee $ saved per active participant
0.20%Direct admin cost, % of plan assets
$6.6MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity17.5 / 5035th percentile for employer $ per participant
- Low cost13.7 / 2555th percentile for low admin cost vs. same-size plans
- Employee saving2.8 / 1519th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-10 pts1 issue reported on the filing
Total score24 / 100 · Grade F
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 35th |
| Lower admin cost | 55th |
| Employee saving | 19th |
| 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 ($72,048 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
- B&e Resources put in about $1,077 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 | $541,574 |
| Participant (employee) contributions | $921,652 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $11,714 |
| Contract administrator fees | $11,714 |
| Benefits paid out | $824,786 |
| Net assets, start / end of year | $5.3M / $6.6M |
| Active participants, start / end of year | 608 / 398 |
| Participants with account balances | 188 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Seitz Demarco & Mcgovern PLLC |
Largest service providers (Schedule C)
| Loren D. Stark Company | $9,272 reported compensation |
| Empower Annuity Insurance Co.of Ame | $3,731 reported compensation |
| Empower Advisory Group, LLC | $2,755 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251019213120NAL0000420323001, received 2025-10-19, EIN 20-0870140, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.