Plan Ledger DOL Form 5500 · updated monthly

Berkadia Commercial Mortgage LLC401(k)

BERKADIA 401(K) RETIREMENT PLAN · AMBLER, PA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Berkadia Commercial Mortgage LLC reported $208,501 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $8,608 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 0.09% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other management of companies employers. By assets it is the 201st-largest of 3,651 plans among Pennsylvania employers on file, and the 109th of 786 in management of companies. In 2024, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$334,336,397
Participants with balances1,925
Active participants1,461
Employer contributions$12,576,606
Employee contributions$18,977,713
Employer contribution per active participant$8,608
Average account balance$173,681
Benefits paid to participants$23,730,222
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$334.3M · 1,925 accts · $12.6M emplr
2023$283.1M · 1,928 accts · $12.2M emplr
2022$220.0M · 1,867 accts · $12.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$116,960
Investment management$73,824
Audit (IQPA)$17,717
Total administrative$208,501
The Berkadia Commercial Mortgage LLC 401(k) match · 2024
Employer contribution per active participant$8,608
Median for plans this size$4,294
2024$8,608 per active participant
2023$7,915 per active participant
2022$8,105 per active participant

Berkadia Commercial Mortgage LLC's 2024 employer contribution ran above the $4,294 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
T ROWE PRICE RPS INC · Recordkeeping · Trustee$120,750
ROCATON INVESTMENT ADVISORS LLC · Investment advisory (plan)$73,824
KREISCHER MILLER · Accounting / audit$17,717

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$208,501 · 0.07%
2023$217,934 · 0.09%
2022$205,929 · 0.09%
Same employer
Similar plansManagement of Companies · Pennsylvania
Armstrong Holdings, Inc. PA$168.4M · 0.14%
Ovg Spectra Holdco, LLC PA$95.2M · 0.31%
Equipment & Controls, Inc. PA$88.4M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270812934 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.