Plan Ledger DOL Form 5500 · updated monthly

Burgos Holdings, LLC401(k)

BURGOS HOLDINGS, LLC RETIREMENT SAVINGS PLAN · ALBUQUERQUE, NM · plan year 2022

Reported admin expense ratio · 2022
0.07%

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

Burgos Holdings, LLC reported $827 in plan administrative expenses for 2022: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,679 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 construction employers. By assets it is among the smaller plans on file in New Mexico (260th of 290), and 5,050th of 5,337 in construction. In 2022, the employer put in $3.29 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,222,624
Participants with balances59
Active participants38
Employer contributions$405,818
Employee contributions$123,271
Employer contribution per active participant$10,679
Average account balance$20,722
Benefits paid to participants$181,597
Plan auditUnmodified (clean) audit opinion
AuditorAXIOM CPA AND BUSINESS ADVISORS LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$827
Total administrative$827
The Burgos Holdings, LLC 401(k) match · 2022
Employer contribution per active participant$10,679
Median for plans this size$1,114

Burgos Holdings, LLC'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$827 · 0.07%
Similar plansConstruction · New Mexico
Star Paving Company NM$1.4M · 1.03%
Runyan Construction, Inc. NM$1.3M · 1.25%
Procon, Inc. VA$1.2M · 0.04%
Capital City Drywall Inc CA$1.2M · 1.58%
Chicago Painting, Inc NV$1.2M · 1.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550912515 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.