Bernards Holdings, Inc.ESOP
BERNARDS HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · SAN FERNANDO, CA · plan year 2022
Bernards Holdings, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $19,224,602 across 412 participant accounts, with employer contributions averaging $190 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is the 3,739th-largest of 9,483 plans among California employers on file, and the 2,078th of 5,337 in construction.
Bernards Holdings, Inc.'s 2022 employer contribution ran below the $2,266 median for plans its size, in the bottom 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.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 814725849 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.