Plan Ledger DOL Form 5500 · updated monthly

Berridge Manufacturing Company401(k)

BERRIDGE MANUFACTURING 401(K) PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Berridge Manufacturing Company reported $62,448 in plan administrative expenses for 2024: 0.67% of average plan assets, above the peer median. Employer contributions averaged $1,344 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 rose from 0.62% to 0.67%. 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 Texas (3,086th of 5,688), and 8,853rd of 13,661 in manufacturing. In 2024, employees put in $2.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,864,768
Participants with balances179
Active participants155
Employer contributions$208,322
Employee contributions$552,019
Employer contribution per active participant$1,344
Average account balance$55,110
Benefits paid to participants$715,058
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 179 accts · $208K emplr
2023$8.8M · 173 accts · $182K emplr
2022$7.9M · 176 accts · $197K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,448
Total administrative$62,448
The Berridge Manufacturing Company 401(k) match · 2024
Employer contribution per active participant$1,344
Median for plans this size$1,313
2024$1,344 per active participant
2023$1,205 per active participant
2022$1,148 per active participant

Berridge Manufacturing Company'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 · 20245
EMPOWER ADVISORY GROUP, LLC · Investment management$15,249
LOREN D. STARK COMPANY · Contract administrator$1,740
MORGAN STANLEY SMITH BARNEY LLCindirect comp
MORGAN STANLEY INSURANCE SERVICES Iindirect comp

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

Administrative cost history3
2024$62,448 · 0.67%
2023$53,048 · 0.63%
2022$53,367 · 0.62%
Similar plansManufacturing · Texas
Kompan, Inc. TX$10.1M · 0.01%
Ventahood, LTD TX$10.0M · 0.01%
Epac Holdings, LLC TX$9.9M · 0.36%
Jmk International Inc. TX$9.8M · 0.09%
Canidae, LLC. TX$9.8M · 0.34%
Wylie & Son, Inc. TX$9.8M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742125639 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.