401(k) · DOL Form 5500 · 2023

Bg-Ic, LLC 401(k) Plan

Data updated 2026-08-25

$92M
Total assets Below avg plan size
821
Participants Near avg headcount
91st
Percentile by assets National rank
$111,928
Avg per participant Below avg balance/head
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Official DOL plan name: Berkshire Group 401(k) Plan · Sponsored by Bg-Ic, LLC · Massachusetts · Real Estate

$92M in assets, 821 participants

Bg-Ic, LLC's Berkshire Group 401(k) Plan reported $92M in total assets and 821 participants in its 2023 DOL Form 5500 filing, ranking in the 91st percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #4,599 in Real Estate (4,727 peers)

Where Berkshire Group 401(k) Plan sits by assets

Berkshire Group 401(k) Plan sits in the top 10% of all filed plans by assets, $92M for 821 participants (~$111,928/participant), up 27.6% in 2023.

#4,599
in Real Estate (4,727 peers)
+27.6%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Berkshire Group 401(k) Plan's outsized position by total assets

Berkshire Group 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$91,892,999 Top 9% higher than 91% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Berkshire Group 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Berkshire Group 401(k) Plan sits mid-pack in the medium band (821 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Berkshire Group 401(k) Plan reported net income rose from -$16M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • Berkshire Group 401(k) Plan end-of-year assets rose from $72M in the plan year 2022 filing to $92M in the plan year 2023 filing.
  • Berkshire Group 401(k) Plan reported participants rose from 699 in the plan year 2022 filing to 821 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 161758404 · Bg-Ic, LLC PY 2023 · 401(k)

Berkshire Group 401(k) Plan · $92M · 821 · 91st

  • ASSETS $92M
  • ASSETS 821
  • ASSETS 91st
  • ASSETS 401(k)
  • ASSETS near Barry University 401(k) Plan
  • ASSETS ind #4599

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Real Estate retirement plans → · Plans in Massachusetts →

Berkshire Group 401(k) Plan in the asset neighbourhood

Peapack-Gladstone Bank Employees Savings and Investments PlanPeapack-Gladstone Bank Emplo…$92MElior, Inc. 401(k) Plan$92MBerkshire Group 401(k) Plan$92MBarry University 401(k) Plan$92MHashicorp Inc. 401(k) Profit Sharing Plan and TrustHashicorp Inc. 401(k) Profit…$92M
End-of-year total assets ($M) among Berkshire Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$72M
Net Assets (End of Year)$92M
Net Income$20M
Employer EIN161758404
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bg-Ic, LLC)

Sponsor-wide plan assets over time

All Bg-Ic, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$110M 53.23677305416158% vs 2022
2024 filing year
$60M$80M$100M$120M 202220232024 $72M $110M ▲ +53.2%
Year Plans Participants Total Assets
2022 1 699 $72M
2023 1 821 $92M
2024 1 917 $110M

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Berkshire Group 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Berkshire Group 401(k) Plan, Total assets ($B): 0.091892999 · Participants: 821Berkshire Group 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Berkshire Group 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Berkshire Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Barry University 401(k) Plan in FL ($92M); by covered participants it is Constellation Insurance Company 401(k) and Profit Sharing Plan in OH (821 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($92M here).

Similar participant headcount

Nearest other-state filings by covered participants (821 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Berkshire Group 401(k) Plan assets move in 2023?
Berkshire Group 401(k) Plan grew sharply - up 27.6% during 2023, from $72M to $92M. Reported net income was $20M.
How have Bg-Ic, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Bg-Ic, LLC's sponsor-wide assets grew 53.2%, from $72M to $110M.
Where does Berkshire Group 401(k) Plan rank by assets among Form 5500 filers?
Berkshire Group 401(k) Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Berkshire Group 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Barry University 401(k) Plan in FL ($92M, 1,747 participants).
Which 401(k) plans cover a similar participant headcount to Berkshire Group 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Constellation Insurance Company 401(k) and Profit Sharing Plan in OH (821 participants, $168M in assets).