Plan Ledger DOL Form 5500 · updated monthly

Trustees of Boening Bros 401K Plan401(k)

BOENING BROS. 401K PLAN · N. LINDENHURST, NY · plan year 2023

Employer contribution per participant · 2023
$603

Trustees of Boening Bros 401K Plan's 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $13,837,018 across 143 participant accounts, with employer contributions averaging $603 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New York (3,098th of 5,648), and 2,484th of 4,246 in wholesale trade. In 2023, employees put in $5.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,837,018
Participants with balances143
Active participants112
Employer contributions$67,580
Employee contributions$373,819
Employer contribution per active participant$603
Average account balance$96,762
Benefits paid to participants$543,326
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$13.7M · 136 accts · $64K emplr
2024$13.6M · 136 accts · $63K emplr
2023$13.8M · 143 accts · $68K emplr
2022$11.9M · 163 accts · $55K emplr
The Trustees of Boening Bros 401K Plan 401(k) match · 2023
Employer contribution per active participant$603
Median for plans this size$2,440
2025$605 per active participant
2024$604 per active participant
2023$603 per active participant
2022$459 per active participant

Trustees of Boening Bros 401K Plan's 2023 employer contribution ran below the $2,440 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.

Administrative cost history4
2025Not separately reported
2024Not separately reported
2023Not separately reported
2022Not separately reported
Similar plansWholesale Trade · New York
J & D Brush Associates, LLC NY$14.1M · 0.41%
Argo Turboserve Corporation NY$14.1M · 0.23%
United Metro Energy Corp. NY$14.0M · 0.07%
Country Life, LLC NY$13.9M · 0.02%
Decor Moulding LTD. NY$12.3M · 0.13%
Soho Studio LLC. NY$12.0M · 1.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112920784 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.