Plan Ledger DOL Form 5500 · updated monthly

Borger Management Inc401(k)

BORGER MANAGEMENT INC 401(K) PROFIT SHARING PLAN & TRUST · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Borger Management Inc reported $4,032 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,225 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 0.089%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in District of Columbia (524th of 618), and 9,880th of 11,654 in professional & technical services. In 2024, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,778,770
Participants with balances164
Active participants177
Employer contributions$216,906
Employee contributions$369,306
Employer contribution per active participant$1,225
Average account balance$29,139
Benefits paid to participants$489,239
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 164 accts · $217K emplr
2023$4.2M · 149 accts · $189K emplr
2022$3.7M · 115 accts · $154K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,065
Investment management$2,107
Trustee / custodial$860
Total administrative$4,032
The Borger Management Inc 401(k) match · 2024
Employer contribution per active participant$1,225
Median for plans this size$1,313
2024$1,225 per active participant
2023$1,188 per active participant
2022$940 per active participant

Borger Management Inc's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$4,032 · 0.09%
2023$4,522 · 0.11%
2022$3,424 · 0.09%
Same employer
Similar plansProfessional & Technical Services · District of Columbia
B. Frank Joy LLC DC$5.5M · 0.83%
Telesolv Consulting, Inc. DC$5.4M · 1.31%
Interfolio, Inc. DC$5.0M · 0.74%
Arlo Solutions LLC DC$3.9M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521383361 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.