How much does Bardenay, Inc. contribute to its ESOP?

In 2023, employer contributions to the Bardenay, Inc. plan averaged $142 per active participant, below the $1,308 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Bardenay, Inc. 401(k)?

The average participant account balance was $17,636 for plan year 2023, based on 129 accounts.

Bardenay, Inc.ESOP

Name: Bardenay, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

BARDENAY, INC. RETIREMENT PLAN · BOISE, ID · plan year 2023

Employer contribution per participant · 2023

$142

Bardenay, Inc.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $2,275,047 across 129 participant accounts, with employer contributions averaging $142 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Idaho (285th of 349), and 1,361st of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$2,275,047
Participants with balances129
Active participants117
Employer contributions$16,572
Employee contributions—
Employer contribution per active participant$142
Average account balance$17,636
Benefits paid to participants$2,709
Plan auditUnmodified (clean) audit opinion
AuditorBOYUM BARENSCHEER PLLP

Employer contributions to the Bardenay, Inc. plan · 2023

Employer contribution per active participant$142

Median for plans this size$1,308

Bardenay, Inc.'s 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Similar plansAccommodation & Food Services · Idaho
Thomas Management, LLC ID$26.8M · 0.63%
Select Investment and Management Co. ID$14.7M
Block 22, LLC ID$5.4M · 0.00%
Bardenay, Inc. ID$4.9M · 0.02%
T & K LLC ID$2.2M · 0.29%
Riverside Hospitality, LLC ID$1.8M
Kyle, Inc. dba Valley Food Service, Inc. ID$1.6M · 0.61%
Happy Day Corporation ID$1.2M · 1.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873238930 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.