Plan Ledger DOL Form 5500 · updated monthly

Drivers Village, Inc.401(k)

THE BURDICK COMPANIES 401(K) PLAN · CICERO, NY · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Drivers Village, Inc. reported $67,566 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $1,083 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 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,821st-largest of 5,648 plans among New York employers on file, and the 942nd of 5,215 in retail trade. In 2024, employees put in $5.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,667,674
Participants with balances387
Active participants349
Employer contributions$377,863
Employee contributions$1,938,111
Employer contribution per active participant$1,083
Average account balance$86,997
Benefits paid to participants$1,652,383
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.7M · 387 accts · $378K emplr
2023$28.4M · 388 accts · $372K emplr
2022$23.1M · 384 accts · $366K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,566
Total administrative$67,566
The Drivers Village, Inc. 401(k) match · 2024
Employer contribution per active participant$1,083
Median for plans this size$2,416
2024$1,083 per active participant
2023$1,092 per active participant
2022$1,129 per active participant

Drivers Village, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$67,566
NORTHWESTERN MUTUAL INVST SERVICES · Other servicesindirect comp
WILSHIRE ASSOCIATES INCORPORATED · Investment advisory (plan)indirect comp

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$67,566 · 0.22%
2023$55,919 · 0.22%
2022$53,047 · 0.21%
Same employer
Similar plansRetail Trade · New York
2428392, Inc dba Fye NY$36.4M · 0.01%
David Zwirner Inc NY$36.2M · 0.24%
Hoselton Chevrolet, Inc. NY$35.3M · 0.12%
Kamco Supply Corp. NY$31.3M · 0.28%
Empire Office, Inc. NY$31.1M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161614967 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.