Plan Ledger DOL Form 5500 · updated monthly

Bernatello's Pizza, Inc.401(k)

BERNATELLO'S PIZZA, INC. 401(K) PROFIT SHARING PLAN & TRUST · MAPLE LAKE, MN · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Bernatello's Pizza, Inc. reported $67,724 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $1,619 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 0.24% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 553rd-largest of 1,918 plans among Minnesota employers on file, and the 3,478th of 13,661 in manufacturing. In 2024, employees put in $2.71 for every $1.00 the employer contributed; active participation has grown from 764 to 848 since 2022.

Plan summary
Net assets, end of year$43,340,121
Participants with balances1,099
Active participants848
Employer contributions$1,373,023
Employee contributions$3,715,669
Employer contribution per active participant$1,619
Average account balance$39,436
Benefits paid to participants$5,285,518
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.3M · 1,099 accts · $1.4M emplr
2023$36.7M · 971 accts · $1.2M emplr
2022$28.2M · 883 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,724
Total administrative$67,724
The Bernatello's Pizza, Inc. 401(k) match · 2024
Employer contribution per active participant$1,619
Median for plans this size$2,416
2024$1,619 per active participant
2023$1,497 per active participant
2022$1,493 per active participant

Bernatello's Pizza, Inc.'s 2024 employer contribution ran below the $2,416 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
NEWPORT GROUP, INC. · Recordkeeping · Consulting$67,724

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$67,724 · 0.17%
2023$88,325 · 0.27%
2022$72,302 · 0.24%
Same employer
Similar plansManufacturing · Minnesota
Bongards' Creameries MN$44.9M · 0.29%
Clearfield, Inc. MN$44.3M · 0.20%
Beckhoff Automation, LLC MN$43.3M · 0.11%
Nahan Printing, Inc. MN$41.6M · 0.14%
Gopher Resource, LLC MN$41.4M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411419949 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.