What are the fees in the C. H. Briggs Company 401(k) plan?

For plan year 2022, C. H. Briggs Company reported $51,323 in plan administrative expenses, or 0.38% of average plan assets — above the peer median. Fund-level expense ratios are not included in public filings.

What is the C. H. Briggs Company 401(k) match?

In 2022, employer contributions to the C. H. Briggs Company plan averaged $1,705 per active participant, below the $2,266 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the C. H. Briggs Company 401(k)?

The average participant account balance was $57,338 for plan year 2022, based on 210 accounts.

C. H. Briggs Company401(k)

Name: C. H. Briggs Company 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

C. H. BRIGGS COMPANY EMPLOYEES' SALARY REDUCTION SAVINGS PLAN · READING, PA · plan year 2022

Reported admin expense ratio · 2022

0.38%

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

C. H. Briggs Company reported $51,323 in plan administrative expenses for 2022: 0.38% of average plan assets, above the peer median. Employer contributions averaged $1,705 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Pennsylvania (2,099th of 3,651), and 2,673rd of 4,246 in wholesale trade. In 2022, employees put in $2.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,040,958
Participants with balances210
Active participants123
Employer contributions$209,668
Employee contributions$492,259
Employer contribution per active participant$1,705
Average account balance$57,338
Benefits paid to participants$975,709
Plan auditUnmodified (clean) audit opinion
AuditorHERBEIN AND COMPANY, INC.

Plan history2

Yearassets · accounts · employer contribution

2023$0

2022$12.0M · 210 accts · $210K emplr

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$49,147

Professional / advisory$2,176

Total administrative$51,323

The C. H. Briggs Company 401(k) match · 2022

Employer contribution per active participant$1,705

Median for plans this size$2,266

C. H. Briggs Company's 2022 employer contribution ran below the $2,266 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

Your balance

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 history2

2023Not separately reported

2022$51,323 · 0.38%

Similar plansWholesale Trade · Pennsylvania
Trevdan, Inc PA$13.4M · 0.37%
Eastern Enginerred Wood Products PA$13.0M · 0.07%
Rg Industries, Inc. PA$12.9M · 0.53%
Penn Beer Distributors, Inc. PA$12.4M · 0.10%
Shuster's Builders Supplies, Inc. PA$11.5M · 0.39%
Alarmax Distributors Inc PA$11.2M
Coen Oil Company, LLC PA$11.0M · 0.47%
Fisher and Thompson PA$11.0M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231688650 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.