Plan Ledger DOL Form 5500 · updated monthly

Burnham Construction, Inc.401(k)

BURNHAM CONSTRUCTION, INC. 401K PLAN · MACCLENNY, FL · plan year 2022

Reported admin expense ratio · 2022
0.56%

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

Burnham Construction, Inc. reported $5,942 in plan administrative expenses for 2022: 0.56% of average plan assets, above the peer median. Employer contributions averaged $1,041 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 Florida (3,379th of 3,644), and 5,128th of 5,337 in construction. In 2022, employees put in $1.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$924,282
Participants with balances87
Active participants92
Employer contributions$95,773
Employee contributions$129,202
Employer contribution per active participant$1,041
Average account balance$10,624
Benefits paid to participants$274,890
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Professional / advisory$5,942
Total administrative$5,942
The Burnham Construction, Inc. 401(k) match · 2022
Employer contribution per active participant$1,041
Median for plans this size$1,114

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

Administrative cost history1
2022$5,942 · 0.56%
Similar plansConstruction · Florida
Chinchor Electric Inc. FL$1.0M · 0.13%
Adonel Concrete Corp. FL$927K · 1.99%
Kinbro, Inc. FL$838K · 1.33%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 202006209 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.