Plan Snapshot
- Plan Sponsor: Bechtel Global Corporation
- Sponsor EIN: 800848899
- Sponsor Address: 5323 N 99TH AVENUE SUITE 100, GLENDALE, AZ, 85305
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 16,956
- Total Assets: $6.7B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 16,956 | $6.7B | $0 | $0 |
| 2024 | 8,546 | $6.1B | $93.9M | $121.3M |
| 2023 | 7,971 | $5.7B | $83.3M | $111.4M |
| 2022 | 7,448 | $5.1B | $79.5M | $104.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | Other Service Provider | $4,574,404 | — | $4,574,404 |
| EMPOWER ANNUITY INSURANCE COMPANY | Other Service Provider | $404,364 | — | $404,364 |
| TOWERS WATSON DELAWARE, INC. | Other Service Provider | $10,200 | — | $10,200 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,988,968
- Estimated Expense Ratio: 0.074% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $517,768,860 | $4,596,821 | — | — | — |
| 2024 | $4,859,842 | $4,435,862 | — | — | — |
| 2023 | $4,703,461 | $4,284,686 | — | — | — |
| 2022 | $5,105,476 | $4,693,288 | — | — | — |