How much does Berpl, Inc. contribute to its ESOP?

In 2024, employer contributions to the Berpl, Inc. plan averaged $5,030 per active participant, above the $1,313 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Berpl, Inc. 401(k)?

The average participant account balance was $128,300 for plan year 2024, based on 139 accounts.

Berpl, Inc.ESOP

Name: Berpl, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

BERPL, INC. EMPLOYEE STOCK OWNERSHIP PLAN · CINCINNATI, OH · plan year 2024

Employer contribution per participant · 2024

$5,030

Berpl, Inc.'s 2024 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 $17,833,705 across 139 participant accounts, with employer contributions averaging $5,030 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,440th-largest of 3,295 plans among Ohio employers on file, and the 2,089th of 4,246 in wholesale trade. active participation has shrunk from 136 to 113 since 2022.

Plan summary
Net assets, end of year$17,833,705
Participants with balances139
Active participants113
Employer contributions$568,345
Employee contributions—
Employer contribution per active participant$5,030
Average account balance$128,300
Benefits paid to participants$8,693
Plan auditUnmodified (clean) audit opinion
AuditorCLARK, SCHAEFER, HACKETT & CO

Plan history3

Yearassets · accounts · employer contribution

2024$17.8M · 139 accts · $568K emplr

2023$335K · 134 accts · $576K emplr

2022$16.6M · 136 accts · $560K emplr

Employer contributions to the Berpl, Inc. plan · 2024

Employer contribution per active participant$5,030

Median for plans this size$1,313

2024$5,030 per active participant

2023$4,687 per active participant

2022$4,115 per active participant

Berpl, Inc.'s 2024 employer contribution ran above the $1,313 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.

Administrative cost history3

2024Not separately reported

2023Not separately reported

2022Not separately reported

Similar plansWholesale Trade · Ohio
Gardner, Inc. OH$19.0M · 0.52%
Trumbull Industries, Inc. OH$19.0M · 0.17%
Refrigeration Sales Company LLC OH$19.0M · 0.09%
Interior Supply, Inc. OH$18.3M · 0.21%
The Columbus Distributing Company OH$17.1M · 0.04%
Kent Water Sports Holdings, LLC OH$17.0M · 0.33%
K & M Tire, Inc. OH$16.9M · 0.53%
The Bostwick-Braun Company OH$16.4M

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Source: U.S. Department of Labor, Form 5500 series, EIN 883792524 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.