Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Berry Global › plan 004
Berry Global Bargaining Unit 401(k) Plan
- Sponsor Berry Global
- Plan number 004
- Plan year 2024
- $10-50M in assets
- single-employer
Administrative expenses excluding investment management, per participant · Berry Global Bargaining Unit 401(k) Plan · plan year 2024
$22.91
Higher than 15% of the 24,371 plans $10 to 50M that report it.
Source
= $13,725 / 599
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014121641NAL0001333171001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014121641NAL0001333171001, received 2025-10-14
Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-14.
Cost and contributions
Administrative expenses per participant
$22.91
Higher than 9% of the 25,098 plans $10 to 50M that report it.
Source
= $13,725 / 599
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014121641NAL0001333171001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014121641NAL0001333171001, received 2025-10-14
Administrative expenses as a share of assets
0.037%
Higher than 10% of the 25,132 plans $10 to 50M that report it.
Source
= $13,725 / $37,269,661
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014121641NAL0001333171001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014121641NAL0001333171001, received 2025-10-14
Employer contributions per participant
$1,038
Higher than 19% of the 24,050 plans $10 to 50M that report it.
Source
= $621,772 / 599
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014121641NAL0001333171001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014121641NAL0001333171001, received 2025-10-14
Employer share of total contributions
26.9%
Higher than 46% of the 24,084 plans $10 to 50M that report it.
Source
= $621,772 / $2,314,004
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014121641NAL0001333171001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014121641NAL0001333171001, received 2025-10-14
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251014121641NAL0001333171001, received 2025-10-14
Full record, Berry Global Bargaining Unit 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | BERRY GLOBAL, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Plan name | BERRY GLOBAL BARGAINING UNIT 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Sponsor EIN / plan number | 35-1814673 / 004 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Sponsor location | EVANSVILLE, IN | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Industry (business code) | 326100, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Filing received | 2025-10-14 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Participants, beginning of year | 1,028 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Active participants | 776 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Participants, end of year | 896 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Participants with an account balance | 599 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Total assets, beginning of year | $34,631,210 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Total assets, end of year | $37,269,661 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Net assets, end of year | $37,269,661 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Total income | $6,919,928 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Net income | $2,645,349 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Employer contributions | $621,772 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Participant contributions | $1,580,582 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Other contributions (incl. rollovers) | $111,650 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Total contributions | $2,314,004 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Benefit payments | $4,260,854 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Total expenses (incl. benefit payments) | $4,274,579 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Total administrative expenses | $13,725 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Contract administrator fees | $13,725 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Administrative expenses excluding investment management | $13,725 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Held in common/collective trusts | $0 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251014121641NAL0001333171001, received 2025-10-14 |
| Independent auditor | HARDING SHYMANSKI | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014121641NAL0001333171001, received 2025-10-14 |
Position = column in the DOL layout for form year 2024. Filing 20251014121641NAL0001333171001, received 2025-10-14.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUPrecordkeeper | NONE | 12 Claims processing; 15 Recordkeeping and information management; 18 Custodial (other than securities); 50 Direct payment from the plan | $9,808 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251014121641NAL0001333171001, received 2025-10-14.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $34,631,210 | $37,269,661 | 7.6% |
| Participants with a balance | 516 | 599 | 16.1% |
| Administrative expenses | $10,982 | $13,725 | 25.0% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $678,634 | $621,772 | -8.4% |
Prior filing 20241017144303NAL0031797649001, received 2024-10-17; the plan years are contiguous.