Plan Ledger DOL Form 5500 · updated monthly

Berry Bros. General Contractors, Inc.401(k)

BERRY BROS. 401(K)/ PROFIT SHARING PLAN · BERWICK, LA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Berry Bros. General Contractors, Inc. reported $2,025 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $348 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 0.04% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Louisiana (449th of 884), and 3,168th of 5,337 in construction. In 2024, employees put in $5.40 for every $1.00 the employer contributed; active participation has grown from 297 to 387 since 2022.

Plan summary
Net assets, end of year$9,499,538
Participants with balances146
Active participants387
Employer contributions$134,757
Employee contributions$727,705
Employer contribution per active participant$348
Average account balance$65,065
Benefits paid to participants$791,607
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 146 accts · $135K emplr
2023$8.6M · 152 accts · $150K emplr
2022$6.7M · 139 accts · $126K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,025
Total administrative$2,025
The Berry Bros. General Contractors, Inc. 401(k) match · 2024
Employer contribution per active participant$348
Median for plans this size$1,313
2024$348 per active participant
2023$378 per active participant
2022$424 per active participant

Berry Bros. General Contractors, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$58,313

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$2,025 · 0.02%
2023$1,445 · 0.02%
2022$2,993 · 0.04%
Same employer
Similar plansConstruction · Louisiana
Star Service of Baton Rouge LA$10.6M · 0.29%
Rotolo Consultants, Inc. LA$10.4M · 0.73%
Insulations, L.L.C. LA$9.1M · 0.32%
Gibbs Construction L.L.C. LA$9.0M · 0.08%
R & R Construction, Inc. LA$8.8M · 0.56%
Benton & Brown, L.L.C. LA$8.8M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720783591 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.