Plan Ledger DOL Form 5500 · updated monthly

Brenntag North America, Inc.401(k)

BRENNTAG USA PROFIT SHARING PLAN · READING, PA · plan year 2023

Reported admin expense ratio · 2023
0.18%

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

Brenntag North America, Inc. reported $1,027,662 in plan administrative expenses for 2023: 0.18% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,226 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 rose from 0.10% to 0.18%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other wholesale trade employers. By assets it is the 122nd-largest of 3,651 plans among Pennsylvania employers on file, and the 82nd of 4,246 in wholesale trade. In 2023, employees put in $1.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$630,012,636
Participants with balances5,349
Active participants4,566
Employer contributions$28,429,787
Employee contributions$31,725,807
Employer contribution per active participant$6,226
Average account balance$117,781
Benefits paid to participants$79,016,913
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$630.0M · 5,349 accts · $28.4M emplr
2022$534.6M · 4,955 accts · $32.7M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$758,162
Investment management$269,000
Total administrative$1,027,662
The Brenntag North America, Inc. 401(k) match · 2023
Employer contribution per active participant$6,226
Median for plans this size$4,362
2023$6,226 per active participant
2022$8,510 per active participant

Brenntag North America, Inc.'s 2023 employer contribution ran above the $4,362 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$758,162
CAPFINANCIAL PARTNERS, LLC · Consulting$269,000

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$1,027,662 · 0.18%
2022$603,775 · 0.10%
All plans at this employer2
BRENNTAG USA PROFIT SHARING PLAN401(k)
BRENNTAG USA PENSION PLANMoney purchase plan
Same employer
Similar plansWholesale Trade · Pennsylvania
Ricoh USA, Inc. PA$2.2B · 0.05%
Wesco Distribution, Inc. PA$1.9B · 0.07%
Avantor, Inc. PA$648.0M · 0.10%
Hajoca Corporation PA$352.3M · 0.10%
D & H Corporate Group Inc. PA$288.7M · 0.13%
Benco Dental Supply Company PA$261.5M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200552719 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.