Plan Ledger DOL Form 5500 · updated monthly

I.G. Burton and Company, Inc.401(k)

I.G. BURTON AND CO., INC. SALARY DEFERRAL 401(K) PROFIT SH · MILFORD, DE · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

I.G. Burton and Company, Inc. reported $125,861 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,092 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 2 years on file its reported administrative ratio rose from 0.32% to 0.47%. 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 85th-largest of 242 plans among Delaware employers on file, and the 1,085th of 5,215 in retail trade. In 2024, employees put in $5.18 for every $1.00 the employer contributed; active participation has grown from 282 to 394 since 2022.

Plan summary
Net assets, end of year$28,418,793
Participants with balances487
Active participants394
Employer contributions$430,289
Employee contributions$2,230,085
Employer contribution per active participant$1,092
Average account balance$58,355
Benefits paid to participants$2,681,905
Plan auditUnmodified (clean) audit opinion
AuditorFAW CASSON
Plan history3
Yearassets · accounts · employer contribution
2024$28.4M · 487 accts · $430K emplr
2023$25.0M · 438 accts · $438K emplr
2022$20.6M · 406 accts · $425K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,422
Investment management$39,439
Total administrative$125,861
The I.G. Burton and Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,092
Median for plans this size$2,416
2024$1,092 per active participant
2023$1,258 per active participant
2022$1,506 per active participant

I.G. Burton and Company, 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$86,422
HIGHTOWER ADVISORS, LLC · Recordkeeping · Trustee$39,439

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, HIGHTOWER ADVISORS, LLC
2023ADP, HIGHTOWER ADVISORS, LLC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$125,861 · 0.47%
2023$101,049 · 0.44%
2022$70,148 · 0.32%
Same employer
Similar plansRetail Trade · Delaware
Lululemon Athletica Inc. DE$218.4M · 0.31%
William H. Porter, Inc. DE$15.4M · 0.43%
Delaware Motor Sales, Inc DE$12.1M · 0.68%
The Price Organization DE$11.7M · 0.62%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 510102421 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.