Plan Ledger DOL Form 5500 · updated monthly

Berry Family Services, Inc.401(k)

BERRY FAMILY SERVICES 401(K) PLAN · ROWLETT, TX · plan year 2022

Reported admin expense ratio · 2022
0.61%

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

Berry Family Services, Inc. reported $14,987 in plan administrative expenses for 2022: 0.61% of average plan assets, above the peer median. Employer contributions averaged $1,266 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (4,859th of 5,688), and 9,927th of 11,911 in health care & social assistance. In 2022, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,144,440
Participants with balances83
Active participants98
Employer contributions$124,072
Employee contributions$226,457
Employer contribution per active participant$1,266
Average account balance$25,837
Benefits paid to participants$562,889
Plan auditUnmodified (clean) audit opinion
AuditorMCCARTHY, ROSE & MILLS, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$14,581
Investment management$406
Total administrative$14,987
The Berry Family Services, Inc. 401(k) match · 2022
Employer contribution per active participant$1,266
Median for plans this size$1,114

Berry Family Services, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$14,987 · 0.61%
Similar plansHealth Care & Social Assistance · Texas
Smw Health Network, LLC TX$2.3M · 0.34%
Kids Are First, Inc. TX$2.2M · 1.15%
The Warren Center, Inc. TX$2.2M · 0.80%
Caraday Holdings LLC TX$2.1M · 0.90%
Caraday Holdings LLC TX$2.1M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201688407 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.