Plan Ledger DOL Form 5500 · updated monthly

Berlin Gardens, LLC401(k)

BERLIN GARDENS, LLC 401(K) PLAN · MILLERSBURG, OH · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Berlin Gardens, LLC reported $19,134 in plan administrative expenses for 2024: 0.31% of average plan assets, below the peer median. Employer contributions averaged $1,845 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 0.45% to 0.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,309th of 3,295), and 10,196th of 13,661 in manufacturing. In 2024, employees put in $1.43 for every $1.00 the employer contributed; active participation has grown from 153 to 198 since 2022.

Plan summary
Net assets, end of year$6,970,692
Participants with balances164
Active participants198
Employer contributions$365,313
Employee contributions$522,325
Employer contribution per active participant$1,845
Average account balance$42,504
Benefits paid to participants$280,085
Plan auditUnmodified (clean) audit opinion
AuditorMOORE & NEIDENTHAL, INC
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 164 accts · $365K emplr
2023$5.3M · 133 accts · $302K emplr
2022$3.9M · 111 accts · $264K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,765
Investment management$4,869
Total administrative$19,134
The Berlin Gardens, LLC 401(k) match · 2024
Employer contribution per active participant$1,845
Median for plans this size$1,313
2024$1,845 per active participant
2023$1,714 per active participant
2022$1,725 per active participant

Berlin Gardens, LLC's 2024 employer contribution ran above 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 · 20241
JULY BUSINESS SERVICES · Recordkeeping$10,559

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

Recordkeeper by year2
2024July Business Services
2023July Business Services

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

Administrative cost history3
2024$19,134 · 0.31%
2023$20,066 · 0.44%
2022$17,393 · 0.45%
Similar plansManufacturing · Ohio
Mullet Cabinet, Inc. OH$6.9M · 0.61%
Ohio Steel Industries OH$6.9M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263925753 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.