Plan Ledger DOL Form 5500 · updated monthly

Berry Gp, Inc. D/B/A/ Berry Contracting, Inc.401(k)

BERRY CONTRACTING, INC. EMPLOYEE PROFIT SHARING PLAN & TRUST · CORPUS CHRISTI, TX · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Berry Gp, Inc. D/B/A/ Berry Contracting, Inc. reported $143,043 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.33% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,096th-largest of 5,688 plans among Texas employers on file, and the 1,086th of 5,337 in construction. active participation has shrunk from 1,708 to 651 since 2022.

Plan summary
Net assets, end of year$47,641,885
Participants with balances618
Active participants651
Employer contributions$0
Employee contributions$3,576,749
Employer contribution per active participant$0
Average account balance$77,090
Benefits paid to participants$7,336,467
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.6M · 618 accts
2023$46.3M · 660 accts · $1.1M emplr
2022$41.1M · 633 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,827
Investment management$111,354
Audit (IQPA)$12,863
Total administrative$143,043
The Berry Gp, Inc. D/B/A/ Berry Contracting, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Berry Gp, Inc. D/B/A/ Berry Contracting, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
NEXT FINANCIAL GROUP · Investment advisory (plan)$111,354
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$18,827
RSM US LLP · Accounting / audit$12,863

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$143,043 · 0.30%
2023$140,493 · 0.32%
2022$156,681 · 0.33%
Similar plansConstruction · Texas
Tellepsen Corporation TX$55.8M · 0.05%
Sunnova Energy Corporation TX$53.7M · 0.66%
Saulsbury Industries, Inc. TX$51.2M · 0.34%
Humphrey & Associates Inc. TX$49.4M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741239592 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.