Plan Ledger DOL Form 5500 · updated monthly

Bourdon Forge Company, Inc.401(k)

BOURDON FORGE COMPANY, INC. 401(K) PLAN · MIDDLETOWN, CT · plan year 2023

Reported admin expense ratio · 2023
0.25%

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

Bourdon Forge Company, Inc. reported $9,717 in plan administrative expenses for 2023: 0.25% of average plan assets, below the peer median. Employer contributions averaged $6,410 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 1 year on file its reported administrative ratio fell from 0.29% to 0.25%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Connecticut (946th of 1,106), and 11,612th of 13,661 in manufacturing. In 2023, the employer put in $2.22 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$4,259,703
Participants with balances105
Active participants78
Employer contributions$500,000
Employee contributions$225,379
Employer contribution per active participant$6,410
Average account balance$40,569
Benefits paid to participants$545,655
Plan auditUnmodified (clean) audit opinion
AuditorCERTIFIED PUBLIC ACCOUNTANTS, P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$4.3M · 105 accts · $500K emplr
2022$3.4M · 95 accts · $100K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,617
Investment management$5,100
Total administrative$9,717
The Bourdon Forge Company, Inc. 401(k) match · 2023
Employer contribution per active participant$6,410
Median for plans this size$1,308
2023$6,410 per active participant
2022$1,250 per active participant

Bourdon Forge Company, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
MORNINGSTAR INVESTMENT MANAGEMENT$5,100
SENTRY LIFE INSURANCE COMPANY$4,618

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$9,717 · 0.25%
2022$9,397 · 0.29%
Similar plansManufacturing · Connecticut
Budney Industries Inc CT$3.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060858901 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.