Plan Ledger DOL Form 5500 · updated monthly

The Buncher Company401(k)

THE BUNCHER 401(K) PLAN · PITTSBURGH, PA · plan year 2023

Reported admin expense ratio · 2023
0.00%

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

The Buncher Company reported $537 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,415 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 0.006% to 0.013%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Pennsylvania (2,139th of 3,651), and the 1,013th of 2,096 in real estate & leasing. In 2023, employees put in $2.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,662,316
Participants with balances127
Active participants80
Employer contributions$193,186
Employee contributions$479,984
Employer contribution per active participant$2,415
Average account balance$91,829
Benefits paid to participants$1,725,805
Plan auditUnmodified (clean) audit opinion
AuditorH2R CPA
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 117 accts · $183K emplr
2023$11.7M · 127 accts · $193K emplr
2022$10.8M · 141 accts · $179K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$537
Total administrative$537
The The Buncher Company 401(k) match · 2023
Employer contribution per active participant$2,415
Median for plans this size$2,440
2024$2,503 per active participant
2023$2,415 per active participant
2022$2,033 per active participant

The Buncher Company's 2023 employer contribution ran below the $2,440 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

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
NEWPORT GROUP, INC. · Loan processing$340

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$1,460 · 0.01%
2023$537 · 0.00%
2022$725 · 0.01%
Similar plansReal Estate & Leasing · Pennsylvania
Nappen & Associates PA$12.2M · 0.51%
Gmh Associates, Inc. PA$12.0M · 0.79%
McKinney Properties, Inc. PA$11.6M · 0.26%
Dons Appliances LTD PA$9.1M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251113325 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.