Plan Ledger DOL Form 5500 · updated monthly

Burlingame Industries, Incorporated401(k)

BURLINGAME INDUSTRIES 401(K) AND PROFIT SHARING RETIREMENT PLAN · RIALTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Burlingame Industries, Incorporated reported $114,777 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $4,777 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 0.27% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,107th-largest of 9,483 plans among California employers on file, and the 2,063rd of 13,661 in manufacturing. In 2024, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$89,101,832
Participants with balances911
Active participants789
Employer contributions$3,769,273
Employee contributions$6,122,025
Employer contribution per active participant$4,777
Average account balance$97,807
Benefits paid to participants$6,109,095
Plan auditUnmodified (clean) audit opinion
AuditorSWENSON CORPORATION
Plan history3
Yearassets · accounts · employer contribution
2024$89.1M · 911 accts · $3.8M emplr
2023$76.9M · 878 accts · $3.9M emplr
2022$62.4M · 863 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$145,684
Investment management$39,397
Total administrative$114,777
The Burlingame Industries, Incorporated 401(k) match · 2024
Employer contribution per active participant$4,777
Median for plans this size$3,635
2024$4,777 per active participant
2023$5,047 per active participant
2022$4,373 per active participant

Burlingame Industries, Incorporated's 2024 employer contribution ran above the $3,635 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
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$154,980
SAGEVIEW ADVISORY GROUP · Investment advisory (participants) · Investment advisory (plan)$30,250
SWENSON CORPORATION · Accounting / audit$12,000

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$114,777 · 0.14%
2023$241,388 · 0.35%
2022$171,866 · 0.27%
Same employer
Similar plansManufacturing · California
F. Korbel & Bros. CA$89.8M · 0.02%
Hm Electronics, Inc. CA$89.7M · 0.12%
Ossur Americas, Inc. CA$88.5M · 0.16%
Mga Entertainment CA$87.6M · 0.22%
Advantech Corporation CA$86.5M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941701932 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.