Plan Ledger DOL Form 5500 · updated monthly

Berkshire Grey Inc401(k)

BERKSHIRE GREY INC 401(K) PLAN · BEDFORD, MA · plan year 2022

Reported admin expense ratio · 2022
0.13%

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

Berkshire Grey Inc reported $24,623 in plan administrative expenses for 2022: 0.13% of average plan assets, below the peer median. Employer contributions averaged $7,688 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 fell from 0.13% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,321st-largest of 2,726 plans among Massachusetts employers on file, and the 5,976th of 13,661 in manufacturing. In 2022, employees put in $2.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,741,980
Participants with balances368
Active participants270
Employer contributions$2,075,628
Employee contributions$4,668,633
Employer contribution per active participant$7,688
Average account balance$53,647
Benefits paid to participants$2,609,135
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$307 · $1.0M emplr
2022$19.7M · 368 accts · $2.1M emplr
Administrative expenses, itemized · 2022
Investment management$6,710
Total administrative$24,623
The Berkshire Grey Inc 401(k) match · 2022
Employer contribution per active participant$7,688
Median for plans this size$2,266
2023$42,858 per active participant
2022$7,688 per active participant

Berkshire Grey Inc's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$11,085 · 0.11%
2022$24,623 · 0.13%
Same employer
Similar plansManufacturing · Massachusetts
Bfly Operations, Inc. MA$20.0M · 0.22%
Riso, Inc. MA$19.8M · 0.01%
Eastern Fisheries, Inc. MA$19.7M · 0.24%
Belmont Instrument LLC MA$19.4M · 0.43%
Omni Services, Inc. MA$19.1M · 0.30%
Rexa, Inc. MA$19.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463834614 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.