Best Contracting Services 401(k) match, vesting and fees
What Best Contracting Services' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Transamerica Financial Life Insuran | Schedule C ↗ |
| Independent auditor | Pooler Cpa Group, LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 3,874 defined-contribution plans in construction with 100 to 499 participants.
| Best Contracting Services: employer contribution per participant | $9,993 | |
| Peer median | $2,411 |
| Best Contracting Services: average balance | $55,018 | |
| Peer median | $61,921 |
| Best Contracting Services: admin expenses ÷ assets | 0.79% | |
| Peer median | 0.39% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $6.3M at the end of plan year 2021 to $7.3M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 143 | $7.3M | $1.3M | $9,993 | 0.79% | Not published | Form 5500 ↗ |
| 2023 | 147 | $5.7M | — | — | 0.93% | Not published | Form 5500 ↗ |
| 2022 | 143 | $4.9M | — | — | 0.77% | Not published | Form 5500 ↗ |
| 2021 | 126 | $6.3M | $0 | $0 | 0.74% | Not published | 5500-SF ↗ |
Common questions
Does Best Contracting Services match 401(k) contributions?
The match terms for the Best Contracting Services, Inc. Profit Sharing 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $1.3M in employer contributions, about $9,993 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Best Contracting Services 401(k) match vested?
The vesting schedule for the Best Contracting Services, Inc. Profit Sharing 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Best Contracting Services 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Transamerica Financial Life Insuran. The plan administrator is Best Contracting Services, Inc..
I left Best Contracting Services. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Best Contracting Services, Inc., (310) 328-6969) or the recordkeeper, Transamerica Financial Life Insuran. The Best Contracting Services old 401(k) page lists the contacts from every plan filing. Find an old Best Contracting Services 401(k)
Data from the public Form 5500 annual reports Best Contracting Services filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Best Contracting Services. Not financial advice. Report a correction · Methodology