Plan Ledger DOL Form 5500 · updated monthly

Birkenstock USA, LP401(k)

BIRKENSTOCK 401(K) PLAN · NOVATO, CA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Birkenstock USA, LP reported $66,721 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $4,527 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 3 years on file its reported administrative ratio has held roughly steady near 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,695th-largest of 9,483 plans among California employers on file, and the 1,373rd of 4,246 in wholesale trade. In 2024, employees put in $1.52 for every $1.00 the employer contributed; active participation has grown from 229 to 343 since 2022.

Plan summary
Net assets, end of year$29,730,861
Participants with balances431
Active participants343
Employer contributions$1,552,708
Employee contributions$2,353,937
Employer contribution per active participant$4,527
Average account balance$68,981
Benefits paid to participants$1,500,755
Plan auditUnmodified (clean) audit opinion
AuditorBPM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$29.7M · 431 accts · $1.6M emplr
2023$23.8M · 326 accts · $1.3M emplr
2022$17.2M · 275 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,859
Investment management$51,862
Total administrative$66,721
The Birkenstock USA, LP 401(k) match · 2024
Employer contribution per active participant$4,527
Median for plans this size$2,416
2024$4,527 per active participant
2023$4,861 per active participant
2022$4,792 per active participant

Birkenstock USA, LP'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 · 20242
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$51,862
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$14,859

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$66,721 · 0.25%
2023$54,675 · 0.27%
2022$44,014 · 0.24%
Similar plansWholesale Trade · California
Ma Laboratories, Inc. CA$31.3M · 0.15%
Liberated Brands, LLC CA$30.6M · 0.51%
Noritsu America Corporation CA$30.3M · 0.14%
Ta Chen International, Inc. CA$29.1M · 0.26%
Beyond Meat, Inc. CA$29.0M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261300428 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.