Plan Ledger DOL Form 5500 · updated monthly

Burnstein von Seelen Precision Castings Corporation401(k)

BURNSTEIN VON SEELEN PRECISION CASTINGS CORPORATION 401(K) PLAN · ABBERVILLE, SC · plan year 2022

Reported admin expense ratio · 2022
1.08%

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

Burnstein von Seelen Precision Castings Corporation reported $50,166 in plan administrative expenses for 2022: 1.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $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.

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 South Carolina (595th of 807), and 11,639th of 13,661 in manufacturing. In 2022, employees put in $5.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,213,364
Participants with balances71
Active participants158
Employer contributions$32,234
Employee contributions$161,796
Employer contribution per active participant$204
Average account balance$59,343
Benefits paid to participants$261,301
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Administrative expenses, itemized · 2022
Professional / advisory$50,166
Total administrative$50,166
The Burnstein von Seelen Precision Castings Corporation 401(k) match · 2022
Employer contribution per active participant$204
Median for plans this size$1,114

Burnstein von Seelen Precision Castings Corporation's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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$50,166 · 1.08%
Same employer
Similar plansManufacturing · South Carolina
Komet USA, LLC SC$4.6M · 0.39%
Sun, Inc SC$4.3M · 0.14%
US Brick Holdings, LLC SC$4.2M · 0.74%
Knight's Companies, Inc. SC$4.1M · 0.49%
Palmetto Synthetics LLC SC$4.1M · 0.19%
Orian Rugs, Inc. SC$3.8M · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570806978 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.