Plan Ledger DOL Form 5500 · updated monthly

Berry Enterprises, Inc.401(k)

BERRY ENTERPRISES, INC. 401(K) PLAN AND TRUST · CHILHOWIE, VA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Berry Enterprises, Inc. reported $4,801 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,791 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 0.21% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Virginia (1,334th of 2,266), and the 2,254th of 5,215 in retail trade. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has grown from 131 to 195 since 2022.

Plan summary
Net assets, end of year$12,133,203
Participants with balances183
Active participants195
Employer contributions$349,166
Employee contributions$622,128
Employer contribution per active participant$1,791
Average account balance$66,302
Benefits paid to participants$277,411
Plan auditUnmodified (clean) audit opinion
AuditorFOTI, FLYNN, LOWEN & CO., PC
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 183 accts · $349K emplr
2023$9.7M · 159 accts · $348K emplr
2022$7.6M · 147 accts · $304K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,801
Total administrative$4,801
The Berry Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$1,791
Median for plans this size$2,416
2024$1,791 per active participant
2023$2,107 per active participant
2022$2,319 per active participant

Berry Enterprises, 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
THE VANGUARD GROUP, INC. · Recordkeeping$4,801

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$4,801 · 0.04%
2023$3,632 · 0.04%
2022$18,229 · 0.21%
Same employer
Similar plansRetail Trade · Virginia
Jetcars, Inc VA$12.9M · 0.53%
Foster Fuels, Inc. VA$11.7M · 0.33%
Pohanka Auto Center, Inc. VA$11.2M · 0.63%
Jerrys Ford Sales, Inc. VA$10.9M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540888093 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.