Plan Ledger DOL Form 5500 · updated monthly

Berrodin Co.401(k)

BERRODIN CO. 401(K) PLAN · DREXEL HILL, PA · plan year 2022

Reported admin expense ratio · 2022
0.28%

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

Berrodin Co. reported $50,708 in plan administrative expenses for 2022: 0.28% of average plan assets, above the peer median. Employer contributions averaged $931 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 1 year on file its reported administrative ratio rose from 0.28% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,725th-largest of 3,651 plans among Pennsylvania employers on file, and 2,211th of 4,246 in wholesale trade. In 2022, employees put in $2.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,571,736
Participants with balances156
Active participants238
Employer contributions$221,540
Employee contributions$446,858
Employer contribution per active participant$931
Average account balance$106,229
Benefits paid to participants$633,831
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$9.3M · 92 accts · $178K emplr
2022$16.6M · 156 accts · $222K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$18,899
Investment management$31,809
Total administrative$50,708
The Berrodin Co. 401(k) match · 2022
Employer contribution per active participant$931
Median for plans this size$2,266

Berrodin Co.'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.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$71,122 · 0.55%
2022$50,708 · 0.28%
Similar plansWholesale Trade · Pennsylvania
McAneny Brothers, Inc PA$17.8M · 0.55%
Feesers, Inc. PA$17.0M · 0.08%
Pantherx Specialty, LLC PA$16.6M · 0.91%
Reed Oil Company PA$16.3M · 0.30%
Heller's Gas, Inc. PA$16.3M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 230406110 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.