BCI BURKE COMPANY, LLC 401(K) & PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of BCI BURKE COMPANY, LLC 401(K) & PROFIT SHARING PLAN is $7,807,538.This plan was established in 1997.

At the end of 2022, the total number of retirement plan participants in BCI BURKE COMPANY, LLC 401(K) & PROFIT SHARING PLAN is 199

In 2022, the average participant retirement account value for BCI BURKE COMPANY, LLC 401(K) & PROFIT SHARING PLAN is $39,233

In 2022, the estimated average employee contribution amount per participant for BCI BURKE COMPANY, LLC 401(K) & PROFIT SHARING PLAN is $4,282

In 2022, the estimated average employer match for an employee in BCI BURKE COMPANY, LLC 401(K) & PROFIT SHARING PLAN is approximately $1,891

In 2022, BCI BURKE COMPANY, LLC 401(K) & PROFIT SHARING PLAN allocates $376,431 to match its employees’ contributions, providing an employer match rate of 49.24% of their contributions

In 2022, the total retirement plan asset growth rate of BCI BURKE COMPANY, LLC 401(K) & PROFIT SHARING PLAN is -8.92%

In 2022, the estimated aggregate retirement account investment gain/loss for BCI BURKE COMPANY, LLC 401(K) & PROFIT SHARING PLAN is -17.33%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of BCI BURKE COMPANY, LLC 401(K) & PROFIT SHARING PLAN is 0.32%.

Enrollment Features

BCI BURKE COMPANY, LLC 401(K) & PROFIT SHARING PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.