Plan Snapshot
- Plan Sponsor: Berry Gp, INC. D/B/A/ Berry Contracting, INC.
- Sponsor EIN: 741239592
- Sponsor Address: 1414 VALERO WAY, CORPUS CHRISTI, TX, 78409
- Plan Type: 401(k)
- Total Participants: 651
- Total Assets: $47.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 651 | $47.6M | $0 | $3.6M |
| 2023 | 2,656 | $46.3M | $1.1M | $3.5M |
| 2022 | 1,708 | $41.1M | $0 | $3.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| NEXT FINANCIAL GROUP | ADVISOR | $111,354 | — | $111,354 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $18,827 | — | $18,827 |
| RSM US LLP | ACCOUNTANT/AUDITOR | $12,863 | — | $12,863 |
| FORVIS MAZARS, LLP | Auditor | $12,863 | — | $12,863 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- RSM US LLP — ACCOUNTANT/AUDITOR
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $155,907
- Estimated Expense Ratio: 0.327% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $143,043 | $111,354 | $600 | $12,863 | — |
| 2023 | $140,493 | $102,972 | — | $17,325 | — |
| 2022 | $156,681 | — | — | — | — |