Bergankdv, LTD401(k)
BERGANKDV 401(K) RETIREMENT PLAN · ST. CLOUD, MN · plan year 2022
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Bergankdv, LTD reported $7,524 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,294 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 1 year on file its reported administrative ratio rose from 0.01% to 0.15%. 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 369th-largest of 1,918 plans among Minnesota employers on file, and the 2,033rd of 11,654 in professional & technical services. In 2022, employees put in $2.66 for every $1.00 the employer contributed.
Bergankdv, LTD'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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 411431613 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.