Plan Ledger DOL Form 5500 · updated monthly

Buerkle Company401(k)

BUERKLE COMPANIES EMPLOYEE SAVINGS AND RETIREMENT PLAN · WHITE BEAR LAKE, MN · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Buerkle Company reported $52,041 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $2,541 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 2 years on file its reported administrative ratio rose from 0.18% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 805th-largest of 1,918 plans among Minnesota employers on file, and the 1,262nd of 5,215 in retail trade. In 2024, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,796,684
Participants with balances438
Active participants262
Employer contributions$665,848
Employee contributions$1,398,533
Employer contribution per active participant$2,541
Average account balance$54,330
Benefits paid to participants$1,943,975
Plan auditUnmodified (clean) audit opinion
AuditorCLIFTONLARSONALLEN LLC
Plan history3
Yearassets · accounts · employer contribution
2024$23.8M · 438 accts · $666K emplr
2023$20.8M · 378 accts · $726K emplr
2022$16.3M · 321 accts · $644K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,665
Investment management$27,376
Total administrative$52,041
The Buerkle Company 401(k) match · 2024
Employer contribution per active participant$2,541
Median for plans this size$2,416
2024$2,541 per active participant
2023$2,751 per active participant
2022$2,696 per active participant

Buerkle Company's 2024 employer contribution ran above the $2,416 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.

Service providers · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$45,428
CETERA INVESTMENT ADVISERS LLC · Investment advisory (plan)$27,375

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Buerkle Company before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$52,041 · 0.23%
2023$43,282 · 0.23%
2022$32,918 · 0.18%
Same employer
Similar plansRetail Trade · Minnesota
Federated Co-Ops, Inc. MN$26.5M · 0.25%
Ams Holdings, LLC MN$25.6M · 0.29%
Lueken's Food Stores, Inc. MN$23.9M · 0.01%
Kowalski Companies, Inc. MN$19.9M · 0.01%
Schuler Shoes, Inc. MN$18.8M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410711175 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.