Plan Ledger DOL Form 5500 · updated monthly

Buckmans, Inc.401(k)

BUCKMANS, INC. EMPLOYEES 401(K) PLAN · POTTSTOWN, PA · plan year 2022

Reported admin expense ratio · 2022
0.76%

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

Buckmans, Inc. reported $45,398 in plan administrative expenses for 2022: 0.76% of average plan assets, above the peer median. Employer contributions averaged $549 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Pennsylvania (2,801st of 3,651), and 3,588th of 5,215 in retail trade. In 2022, employees put in $4.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,624,208
Participants with balances79
Active participants167
Employer contributions$91,618
Employee contributions$368,898
Employer contribution per active participant$549
Average account balance$71,193
Benefits paid to participants$91,610
Plan auditUnmodified (clean) audit opinion
AuditorLOPEZ TEODOSIO & LARKIN, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$45,398
Total administrative$45,398
The Buckmans, Inc. 401(k) match · 2022
Employer contribution per active participant$549
Median for plans this size$1,114

Buckmans, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 history1
2022$45,398 · 0.76%
Similar plansRetail Trade · Pennsylvania
Seven Z Enterprises, Inc. PA$5.9M · 0.70%
Strahman Valves Inc PA$5.8M · 0.49%
M & B Paul, Inc. PA$5.6M · 0.59%
Med-Fast Pharmacy, Inc. PA$5.5M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231893537 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.