Bechtel Plant Machinery, Inc. 401(k) Review & Grade
Bechtel NR Program Savings Plan
Monroeville, PAProfessional, Scientific & Technical Services1,205 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$4,242Employer $ per active participant
$12,797Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$433.3MNet plan assets, end of year
$263,268Average balance per account
Score breakdown
- Employer generosity33.4 / 5067th percentile for employer $ per participant
- Low cost22.7 / 2591th percentile for low admin cost vs. same-size plans
- Employee saving11.9 / 1579th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score58 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 67th |
| Lower admin cost | 91th |
| Employee saving | 79th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
Corrective distributions: the plan refunded $1,467 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Bechtel Plant Machinery put in about $4,242 per active participant, more than the typical peer ($3,082). 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.
- 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 | $5,111,741 |
| Participant (employee) contributions | $15,420,510 |
| Other contributions (incl. rollovers in) | $579,757 |
| Administrative expenses paid from the plan | $155,469 |
| Contract administrator fees | $1,200 |
| Investment advisory & management fees | $82,389 |
| Benefits paid out | $27,109,998 |
| Net assets, start / end of year | $383.4M / $433.3M |
| Active participants, start / end of year | 1,186 / 1,224 |
| Participants with account balances | 1,646 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Schneider Downs & Co., Inc. |
Largest service providers (Schedule C)
| Financial Engines | $82,389 reported compensation |
| Fidelity Investments Institutional | $72,261 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250922143320NAL0002187139001, received 2025-09-22, EIN 94-3330445, plan #004, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.