Plan Ledger DOL Form 5500 · updated monthly

Berger Rental Communities LLC401(k)

BERGER RENTAL COMMUNITIES 401(K) PROFIT SHARING PLAN · WAYNE, PA · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Berger Rental Communities LLC reported $59,096 in plan administrative expenses for 2024: 0.71% of average plan assets, above the peer median. Employer contributions averaged $1,242 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 rose from 0.52% to 0.71%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Pennsylvania (2,414th of 3,651), and 1,191st of 2,096 in real estate & leasing. In 2024, employees put in $3.10 for every $1.00 the employer contributed; active participation has grown from 255 to 307 since 2022.

Plan summary
Net assets, end of year$8,865,758
Participants with balances339
Active participants307
Employer contributions$381,366
Employee contributions$1,184,112
Employer contribution per active participant$1,242
Average account balance$26,153
Benefits paid to participants$1,490,469
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 339 accts · $381K emplr
2023$7.8M · 327 accts · $383K emplr
2022$6.1M · 312 accts · $362K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,746
Investment management$29,350
Total administrative$59,096
The Berger Rental Communities LLC 401(k) match · 2024
Employer contribution per active participant$1,242
Median for plans this size$1,313
2024$1,242 per active participant
2023$1,594 per active participant
2022$1,421 per active participant

Berger Rental Communities LLC's 2024 employer contribution ran below the $1,313 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
LPL FINANCIAL · Investment advisory (plan)$27,423
EMPOWER ADVISORY GROUP, LLC · Investment management$1,927

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$59,096 · 0.71%
2023$47,632 · 0.69%
2022$31,596 · 0.52%
Same employer
Similar plansReal Estate & Leasing · Pennsylvania
Dons Appliances LTD PA$9.1M · 0.83%
Mlp Ventures Group PA$9.0M · 1.37%
Rp Management Inc PA$8.2M · 0.14%
Kaiserman Company, Inc. PA$8.1M · 0.42%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 863977367 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.