Plan Ledger DOL Form 5500 · updated monthly

Burger Maker, Inc.401(k)

BURGER MAKER 401(K) PLAN · CARLSTADT, NJ · plan year 2022

Reported admin expense ratio · 2022
0.56%

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

Burger Maker, Inc. reported $38,104 in plan administrative expenses for 2022: 0.56% of average plan assets, above the peer median. Employer contributions averaged $2,652 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 manufacturing employers. By assets it is among the smaller plans on file in New Jersey (1,792nd of 2,419), and 10,521st of 13,661 in manufacturing. In 2022, employees put in $1.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,300,539
Participants with balances77
Active participants101
Employer contributions$267,874
Employee contributions$364,791
Employer contribution per active participant$2,652
Average account balance$81,825
Benefits paid to participants$375,634
Plan auditUnmodified (clean) audit opinion
AuditorMAZARS USA LLP
The Burger Maker, Inc. 401(k) match · 2022
Employer contribution per active participant$2,652
Median for plans this size$1,114

Burger Maker, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$38,104 · 0.56%
Same employer
Similar plansManufacturing · New Jersey
Bind-Rite Services, Inc. NJ$6.4M · 0.17%
Central Mills, Inc. NJ$6.3M · 0.38%
Appliance Replacement Inc NJ$6.3M · 0.24%
Englewood Lab Inc. NJ$6.3M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132960453 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.