2023 Form 5500 filing — Burke & Herbert Bank & Trust Company Investment And Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240905122201NAL0011804211001) for Burke & Herbert Bank & Trust Company Investment And Savings Plan, reported by Burke & Herbert Bank under EIN 54-0155785 and plan number 002. It reports 549 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240905122201NAL0011804211001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Burke & Herbert Bank
- EIN
- 54-0155785
- Plan number
- 002
- Location
- Alexandria, VA
- Participants
- 549
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $60,668,606
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $60,668,606
- Employer contributions
- $1,099,274
- Participant contributions
- $3,135,590
- Total income / additions
- $13,941,199
- Benefits paid
- $4,911,143
- Administrative expenses
- $32,872
- Total expenses
- $4,944,741
- Net increase / (decrease)
- $8,996,458
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $29,211 | not reported in the loaded dataset |
| Institutional Investment Consultin | ADVISOR | $20,000 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$16,339 | $0 |