Plan Ledger DOL Form 5500 · updated monthly

Bgr, Inc.401(k)

BGR, INC. 401(K) PROFIT SHARING PLAN · WEST CHESTER, OH · plan year 2022

Reported admin expense ratio · 2022
0.15%

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

Bgr, Inc. reported $34,556 in plan administrative expenses for 2022: 0.15% of average plan assets, below the peer median. Employer contributions averaged $2,604 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 0.15% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,299th-largest of 3,295 plans among Ohio employers on file, and the 1,860th of 4,246 in wholesale trade. In 2022, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,466,423
Participants with balances182
Active participants194
Employer contributions$505,248
Employee contributions$997,360
Employer contribution per active participant$2,604
Average account balance$112,453
Benefits paid to participants$3,434,934
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.6M · 190 accts · $623K emplr
2023$18.9M · 185 accts · $576K emplr
2022$20.5M · 182 accts · $505K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$34,556
Total administrative$34,556
The Bgr, Inc. 401(k) match · 2022
Employer contribution per active participant$2,604
Median for plans this size$2,266
2024$3,197 per active participant
2023$2,982 per active participant
2022$2,604 per active participant

Bgr, Inc.'s 2022 employer contribution ran above the $2,266 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.

Recordkeeper by year2
2024PENSION CORPORATION OF AMERICA
2023PENSION CORPORATION OF AMERICA

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Administrative cost history3
2024$63,824 · 0.35%
2023$55,132 · 0.28%
2022$34,556 · 0.15%
Same employer
Similar plansWholesale Trade · Ohio
Khor Buyer OH$22.0M · 0.14%
Modern Office Methods, Inc. OH$21.9M · 0.41%
Huffy Holdings Inc. OH$20.6M · 0.28%
Northern Frozen Foods, Inc. OH$20.4M · 0.06%
The Sanson Company OH$20.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310841900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.