Plan Ledger DOL Form 5500 · updated monthly

Burke Distributing Co. LLC401(k)

BURKE DISTRIBUTING CORPORATION 401(K) PROFIT SHARING PLAN · RANDOLPH, MA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Burke Distributing Co. LLC reported $43,436 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $3,204 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 fell from 0.17% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 895th-largest of 2,726 plans among Massachusetts employers on file, and the 1,163rd of 4,246 in wholesale trade. In 2024, employees put in $2.94 for every $1.00 the employer contributed; active participation has shrunk from 146 to 131 since 2022.

Plan summary
Net assets, end of year$35,064,136
Participants with balances245
Active participants131
Employer contributions$419,674
Employee contributions$1,232,987
Employer contribution per active participant$3,204
Average account balance$143,119
Benefits paid to participants$1,772,528
Plan auditUnmodified (clean) audit opinion
AuditorSULLIVAN AND FOLAN, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$35.1M · 245 accts · $420K emplr
2023$31.1M · 244 accts · $382K emplr
2022$26.3M · 229 accts · $360K emplr
The Burke Distributing Co. LLC 401(k) match · 2024
Employer contribution per active participant$3,204
Median for plans this size$2,416
2024$3,204 per active participant
2023$2,370 per active participant
2022$2,466 per active participant

Burke Distributing Co. LLC'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 · 20243
MORGAN STANLEY · Investment advisory (plan)$49,676
THE ANGELL PENSION GROUP INC · Contract administrator$7,164

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

Administrative cost history3
2024$43,436 · 0.13%
2023$42,673 · 0.15%
2022$48,681 · 0.17%
Same employer
Similar plansWholesale Trade · Massachusetts
Boch Enterprises MA$42.3M · 0.30%
Lbd Parent Holdings LLC MA$37.5M · 0.36%
Source Code Holdings LLC MA$34.7M · 0.06%
Cape Cod Lumber Co., Inc. MA$32.3M · 0.32%
The Portland Group MA$29.4M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042646090 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.