Plan Ledger DOL Form 5500 · updated monthly

Burton Corporation401(k)

BURTON 401(K) INCENTIVE SAVINGS PLAN · BURLINGTON, VT · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Burton Corporation reported $237,809 in plan administrative expenses for 2024: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,902 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 3 years on file its reported administrative ratio has held roughly steady near 0.291%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 22nd-largest of 230 plans among Vermont employers on file, and the 485th of 4,246 in wholesale trade. In 2024, employees put in $4.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$86,738,180
Participants with balances677
Active participants454
Employer contributions$863,368
Employee contributions$3,994,881
Employer contribution per active participant$1,902
Average account balance$128,121
Benefits paid to participants$6,940,520
Plan auditUnmodified (clean) audit opinion
AuditorMC SOLEY MCCOY & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$86.7M · 677 accts · $863K emplr
2023$76.8M · 703 accts · $984K emplr
2022$63.2M · 724 accts · $750K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$97,317
Investment management$140,492
Total administrative$237,809
The Burton Corporation 401(k) match · 2024
Employer contribution per active participant$1,902
Median for plans this size$3,635
2024$1,902 per active participant
2023$2,054 per active participant
2022$1,590 per active participant

Burton Corporation's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
MORGAN STANLEY GLOBAL · Investment advisory (plan)$140,492
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$97,317

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$237,809 · 0.29%
2023$202,415 · 0.29%
2022$199,680 · 0.29%
Same employer
Similar plansWholesale Trade · Vermont
New Chapter, Inc. VT$19.5M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030269736 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.