Department of Labor filing

BERKS NEW HOMES LLC

BERKS NEW HOMES, LLC 401(K) PROFIT SHARING PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Oct 30, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

48filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$2,305

Reported employer contributions per active participant.

Higher than about 41% of comparable plans

#People in the filing

172

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$166 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 65% of comparable plans

↗Investment performance

Not available

Plan assets changed 21.1%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202448out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions41st percentileTypical peer $2,706 · based on 577 comparable plans

Lower reported administrative expense65th percentileTypical peer $229 · based on 583 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, BERKS NEW HOMES LLC reported $396,526 in employer contributions across the plan and 172 active participants. That works out to $2,305 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy84%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 38.7%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 49.8%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context48/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $396,526
Participant contributions: $960,918
Other contributions: $185,505
Employer share of reported contributions: 29.2%
Beginning assets: $6,513,327
Ending assets: $7,889,717
Ending net assets: $7,889,717
Ending liabilities: $0
Total income: $2,310,103
Total expenses: $933,713
Administrative expenses: $31,801
Participant loans: $116,526

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$1,662

2023

$1,893

2024

$2,305

Plan-paid administrative expenses per participant

2022

$330

2023

$201

2024

$166

Active participants

2022

145

2023

170

2024

172

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$2,305	172	7.9M	20251030152923NAL0004907570001
2023	$1,893	170	6.5M	20240926150716NAL0000842401001
2022	$1,662	145	4.7M	20240926150502NAL0000836897001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 1.5%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 823505051-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Apr 1, 1981
Industry: Construction
Amended filing: Yes
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2J2K3H

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
FIDELITY INVESTMENTS INSTITUTIONAL	2024	Not reported	unknown
PCS RETIREMENT, LLC	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20251030152923NAL0004907570001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗