Plan Ledger DOL Form 5500 · updated monthly

Berg Europipe Holding Corp.401(k)

BERG PIPE 401(K) INCENTIVE SAVINGS & RETIREMENT PLAN · PANAMA CITY, FL · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Berg Europipe Holding Corp. reported $69,436 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $4,259 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 0.27% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 506th-largest of 3,644 plans among Florida employers on file, and the 2,907th of 13,661 in manufacturing. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has grown from 248 to 420 since 2022.

Plan summary
Net assets, end of year$55,735,239
Participants with balances623
Active participants420
Employer contributions$1,788,772
Employee contributions$2,937,760
Employer contribution per active participant$4,259
Average account balance$89,463
Benefits paid to participants$3,724,597
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$55.7M · 623 accts · $1.8M emplr
2023$50.0M · 544 accts · $1.2M emplr
2022$44.6M · 407 accts · $817K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,750
Investment management$4,324
Total administrative$69,436
The Berg Europipe Holding Corp. 401(k) match · 2024
Employer contribution per active participant$4,259
Median for plans this size$3,635
2024$4,259 per active participant
2023$2,992 per active participant
2022$3,295 per active participant

Berg Europipe Holding Corp.'s 2024 employer contribution ran above the $3,635 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.

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
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$26,250
EMPOWER ADVISORY GROUP, LLC · Investment management$4,324

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

Administrative cost history3
2024$69,436 · 0.13%
2023$118,772 · 0.25%
2022$125,532 · 0.27%
Same employer
Similar plansManufacturing · Florida
Noven Pharmaceuticals, Inc. FL$61.8M · 0.13%
Trividia Health, Inc. FL$59.4M · 0.14%
Sonny's Enterprises, LLC FL$54.4M · 0.43%
Gm Nameplate, Inc. FL$48.3M · 0.31%
Corerx, Inc. FL$47.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133203540 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.