Plan Ledger DOL Form 5500 · updated monthly

Burdick Toyota, Inc.401(k)

BURDICK 401K PLAN · CICERO, NY · plan year 2022

Reported admin expense ratio · 2022
0.33%

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

Burdick Toyota, Inc. reported $18,908 in plan administrative expenses for 2022: 0.33% of average plan assets, below the peer median. Employer contributions averaged $447 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 New York (4,459th of 5,648), and 3,741st of 5,215 in retail trade. In 2022, employees put in $5.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,062,105
Participants with balances76
Active participants101
Employer contributions$45,108
Employee contributions$232,395
Employer contribution per active participant$447
Average account balance$66,607
Benefits paid to participants$400,230
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$18,908
Total administrative$18,908
The Burdick Toyota, Inc. 401(k) match · 2022
Employer contribution per active participant$447
Median for plans this size$1,114

Burdick Toyota, 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$18,908 · 0.33%
Similar plansRetail Trade · New York
Beekman 1802, Inc. NY$5.2M · 0.51%
East Hills Chrysler Jeep NY$5.1M · 0.06%
Bill Rapp, Inc. NY$5.0M · 0.70%
Murrays Cheese NY$4.9M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 150619417 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.