Plan Ledger DOL Form 5500 · updated monthly

Berwind Corporation401(k)

BERWIND CORPORATION 401(K) SAVINGS PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Berwind Corporation reported $1,400 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,075 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 rose from 0.002% to 0.003%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 810th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,707th of 4,798 in finance & insurance. In 2024, employees put in $2.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$48,619,689
Participants with balances167
Active participants121
Employer contributions$735,054
Employee contributions$1,755,671
Employer contribution per active participant$6,075
Average account balance$291,136
Benefits paid to participants$2,965,002
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.6M · 167 accts · $735K emplr
2023$41.7M · 173 accts · $658K emplr
2022$33.2M · 177 accts · $528K emplr
The Berwind Corporation 401(k) match · 2024
Employer contribution per active participant$6,075
Median for plans this size$2,416
2024$6,075 per active participant
2023$5,575 per active participant
2022$4,122 per active participant

Berwind Corporation's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$1,645

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$1,400 · 0.00%
2023$890 · 0.00%
2022$620 · 0.00%
Same employer
Similar plansFinance & Insurance · Pennsylvania
Mid Penn Bank PA$51.9M · 0.10%
Orrstown Bank PA$51.7M · 0.04%
Ameriserv Financial PA$48.6M · 0.34%
Meridian Bank PA$48.0M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 230406815 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.