Plan Ledger DOL Form 5500 · updated monthly

Beretta U.S.A. Corporation401(k)

BERETTA U.S.A. CORPORATION 401(K) & PROFIT SHARING PLAN · ACCOKEEK, MD · plan year 2024

Reported admin expense ratio · 2024
0.21%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Beretta U.S.A. Corporation reported $84,012 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $5,687 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.37% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 364th-largest of 1,671 plans among Maryland employers on file, and the 945th of 4,246 in wholesale trade. In 2024, the employer put in $1.25 for every $1.00 employees contributed themselves; active participation has grown from 275 to 315 since 2022.

Plan summary
Net assets, end of year$43,907,884
Participants with balances393
Active participants315
Employer contributions$1,791,540
Employee contributions$1,428,042
Employer contribution per active participant$5,687
Average account balance$111,725
Benefits paid to participants$1,998,259
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.9M · 393 accts · $1.8M emplr
2023$37.3M · 382 accts · $1.9M emplr
2022$34.4M · 511 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,881
Investment management$45,131
Total administrative$84,012
The Beretta U.S.A. Corporation 401(k) match · 2024
Employer contribution per active participant$5,687
Median for plans this size$2,416
2024$5,687 per active participant
2023$6,603 per active participant
2022$6,950 per active participant

Beretta U.S.A. Corporation's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$45,131
ADP, INC. · Loan processing · Recordkeeping$38,881
ADP BROKER-DEALERindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

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Administrative cost history3
2024$84,012 · 0.21%
2023$73,829 · 0.21%
2022$135,185 · 0.37%
Same employer
Similar plansWholesale Trade · Maryland
Thos Somerville Co MD$45.4M · 0.11%
Shepherd Electric Co., Inc. MD$44.3M · 0.06%
Tilley Distribution, Inc. MD$40.8M · 0.25%
Northeastern Supply, Inc. MD$39.6M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221898352 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.