Plan Ledger DOL Form 5500 · updated monthly

Berdon LLP401(k)

THE BERDON LLP RETIREMENT PLAN · NEW YORK, NY · plan year 2022

Employer contribution per participant · 2022
$3,120

Berdon LLP's 2022 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 $96,041,672 across 635 participant accounts, with employer contributions averaging $3,120 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other professional & technical services employers. By assets it is the 825th-largest of 5,648 plans among New York employers on file, and the 1,574th of 11,654 in professional & technical services. In 2022, employees put in $3.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$96,041,672
Participants with balances635
Active participants413
Employer contributions$1,288,741
Employee contributions$4,789,315
Employer contribution per active participant$3,120
Average account balance$151,247
Benefits paid to participants$4,725,053
Plan auditUnmodified (clean) audit opinion
AuditorEFPR GROUP, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$187K · 2 accts
2022$96.0M · 635 accts · $1.3M emplr
Administrative expenses, itemized · 2022
Investment management$13,312
Total administrative-$21,726
The Berdon LLP 401(k) match · 2022
Employer contribution per active participant$3,120
Median for plans this size$3,449

Berdon LLP's 2022 employer contribution ran below the $3,449 median for plans its size. 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.

Administrative cost history2
2023Not separately reported
2022Not separately reported
Similar plansProfessional & Technical Services · New York
Tremor Video Dsp, Inc. NY$99.5M · 0.03%
Caerus US 1 Inc. NY$96.6M · 0.37%
Iti, Inc. NY$95.7M · 0.13%
Cadent, LLC NY$94.8M · 0.19%
Moses & Singer LLP NY$94.1M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 130485070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.