Plan Ledger DOL Form 5500 · updated monthly

Burkland, Inc.401(k)

BURKLAND, INC. RETIREMENT PLAN · GOODRICH, MI · plan year 2022

Reported admin expense ratio · 2022
0.10%

Burkland, Inc. reported $1,590 in plan administrative expenses for 2022: 0.10% of average plan assets, lower than ~75% of peers. 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 Michigan (2,434th of 2,619), and 13,077th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$1,464,082
Participants with balances30
Active participants111
Employer contributions—
Employee contributions$105,864
Employer contribution per active participant—
Average account balance$48,803
Benefits paid to participants$122,213
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,590
Total administrative$1,590
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$1,590 · 0.10%
Similar plansManufacturing · Michigan
Wmc LLC MI$1.6M · 0.38%
Vconverter Corporation MI$1.6M · 0.12%
Everest Expeditions, LLC MI$1.6M · 1.33%
Orotex Corporation MI$1.6M · 1.45%
Preferred Companies MI$1.4M · 0.12%
Eagle Industries, Inc MI$1.4M · 0.33%
Hilco Technologies MI$1.3M · 1.15%
Premiere Packaging, Inc. MI$1.2M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382315271 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.