Plan Ledger DOL Form 5500 · updated monthly

Berkel & Company Contractors Inc.ESOP

BERKEL & COMPANY CONTRACTORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · BONNER SPRINGS, KS · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Berkel & Company Contractors Inc. reported $64,378 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $2,370 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 0.10% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 72nd-largest of 828 plans among Kansas employers on file, and the 587th of 5,337 in construction. active participation has grown from 356 to 422 since 2022.

Plan summary
Net assets, end of year$105,766,157
Participants with balances576
Active participants422
Employer contributions$1,000,000
Employee contributions—
Employer contribution per active participant$2,370
Average account balance$183,622
Benefits paid to participants$896,049
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$105.8M · 576 accts · $1.0M emplr
2023$97.7M · 535 accts · $1.0M emplr
2022$76.9M · 524 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,616
Total administrative$64,378
Employer contributions to the Berkel & Company Contractors Inc. plan · 2024
Employer contribution per active participant$2,370
Median for plans this size$3,635
2024$2,370 per active participant
2023$2,660 per active participant
2022$2,809 per active participant

Berkel & Company Contractors Inc.'s 2024 employer contribution ran below 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 · 20244
PRINCIPAL · Plan administrator$25,616
BANK OF LABOR · Trustee$24,996
CHARLES SCHWAB · Custodial (securities)$21,749
STERN BROTHERS · Valuation$13,750

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

Recordkeeper by year2
2024DEMARS PENSION CONSULTING SVCS INC, NORTH AMERICAN K-TRADE ALLIANCE LLC
2023DEMARS PENSION CONSULTING SVCS INC, NORTH AMERICAN K-TRADE ALLIANCE LLC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$64,378 · 0.06%
2023$60,900 · 0.07%
2022$69,427 · 0.10%
All plans at this employer2
BERKEL & COMPANY CONTRACTORS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
BERKEL & COMPANY CONTRACTORS, INC. DEFERRED WAGE RETIREMENT TRUST401(k)
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Source: U.S. Department of Labor, Form 5500 series, EIN 480650969 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.