Berry Bros. 401(K)/ Profit Sharing Plan — Form 5500 plan (Berry Bros. General Contractors, 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, Berry Bros. 401(K)/ Profit Sharing Plan is a benefit plan reported by Berry Bros. General Contractors, Inc. under EIN 72-0783591 and plan number 001. The latest loaded filing year is 2023. The filing reports 473 participants and $8,566,161 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8.6MPlan net assets, end of year$8,566,161
Participants473Covered participants reported
Assets / participant$18.1KComputed: assets ÷ participants$18,110 (computed)
Provider compensation$48.7K1 Schedule C provider row(s)$48,656
Plan sponsor
Berry Bros. General Contractors, Inc.
EIN
72-0783591
Plan number
001
Plan type
2
Location
Berwick, LA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023473H, C20241003151304NAL0005810195001
Schedule H · 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)$8.6M total assets
Net assets$8.6MLiabilities$0
Money in vs. money out
Total income / additions$2M
Total expenses$195.7K
Benefits paid / distributions$184.8K
Contributions
Employer$149.6K
Participant$719.2K
Full reported line items

Net assets

Total assets (EOY)
$8,566,161
Total liabilities (EOY)
$0
Net assets (EOY)
$8,566,161
Net assets (BOY)
$6,720,590

Income & contributions

Employer contributions
$149,593
Participant contributions
$719,178
Total contributions
$868,771
Total income / additions
$2,041,311

Expenses & distributions

Benefits paid
$184,830
Administrative expenses
$1,445
Total expenses
$195,740
Net increase / (decrease)
$1,845,571
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 17%Participant 83%
Total expenses ÷ net assets2%Computed ratio
Benefits paid ÷ total income9%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Stancorp Financial GroupNONE$48,656not reported in the loaded dataset2023

Related Form 5500 pages