Plan Ledger DOL Form 5500 · updated monthly

Bk Medical Holding Company, Inc.401(k)

BK MEDICAL HOLDING COMPANY, INC. 401(K) PLAN · BURLINGTON, MA · plan year 2022

Reported admin expense ratio · 2022
0.10%

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

Bk Medical Holding Company, Inc. reported $37,025 in plan administrative expenses for 2022: 0.10% of average plan assets, below the peer median. Employer contributions averaged $3,965 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 920th-largest of 2,726 plans among Massachusetts employers on file, and the 4,085th of 13,661 in manufacturing. In 2022, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,252,838
Participants with balances434
Active participants362
Employer contributions$1,435,443
Employee contributions$2,808,682
Employer contribution per active participant$3,965
Average account balance$78,924
Benefits paid to participants$4,203,660
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $27K emplr
2022$34.3M · 434 accts · $1.4M emplr
Administrative expenses, itemized · 2022
Professional / advisory$37,025
Total administrative$37,025
The Bk Medical Holding Company, Inc. 401(k) match · 2022
Employer contribution per active participant$3,965
Median for plans this size$2,266

Bk Medical Holding Company, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$37,025 · 0.10%
Similar plansManufacturing · Massachusetts
Home Market Foods, Inc. MA$36.0M · 0.14%
Epic Enterprises, Inc. MA$35.7M · 0.26%
Wellness Pet Company MA$34.5M · 0.16%
Morphosys US Inc. MA$34.2M · 0.10%
Medica Corporation MA$33.6M · 0.09%
Wood Fiber Holdings, Inc. MA$33.5M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830875144 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.