Berks Packing Company, Inc. 401(K) Plan — Form 5500 plan (Berks Packing Co., Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Berks Packing Company, Inc. 401(K) Plan is a benefit plan reported by Berks Packing Co., Inc. under EIN 23-0404560 and plan number 002. The latest loaded filing year is 2023. The filing reports 57 participants and $8,268,703 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8.3MPlan net assets, end of year$8,268,703
Participants57Covered participants reported
Assets / participant$145.1KComputed: assets ÷ participants$145,065 (computed)
Provider compensationNone reported
Plan sponsor
Berks Packing Co., Inc.
EIN
23-0404560
Plan number
002
Plan type
2
Location
Reading, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202357I20240516122032NAL0086216546001
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$8.3M total assets
Net assets$8.3MLiabilities$0
Money in vs. money out
Total income / additions$1.5M
Total expenses$923.7K
Benefits paid / distributions$914.4K
Contributions
Employer$146.7K
Participant$300K
Full reported line items

Net assets

Total assets (EOY)
$8,268,703
Total liabilities (EOY)
$0
Net assets (EOY)
$8,268,703
Net assets (BOY)
$7,658,892

Income & contributions

Employer contributions
$146,669
Participant contributions
$299,990
Total income / additions
$1,533,551

Expenses & distributions

Benefits paid
$914,412
Administrative expenses
$8,276
Total expenses
$923,740
Net increase / (decrease)
$609,811
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 33%Participant 67%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income60%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages