2023 Form 5500 filing — Burns Industrial Equipment, Inc. 401(K) 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 20241009184339NAL0018931265001) for Burns Industrial Equipment, Inc. 401(K) Savings Plan, reported by Burns Industrial Equipment, Inc. under EIN 25-1232695 and plan number 002. It reports 255 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009184339NAL0018931265001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Burns Industrial Equipment, Inc.
- EIN
- 25-1232695
- Plan number
- 002
- Location
- Warrendale, PA
- Participants
- 255
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $27,493,387
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,493,387
- Employer contributions
- $366,203
- Participant contributions
- $1,437,820
- Total income / additions
- $5,245,995
- Benefits paid
- $1,447,693
- Administrative expenses
- $58,206
- Total expenses
- $1,549,341
- Net increase / (decrease)
- $3,696,654
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Huntington National Bank | INVESTMENT ADVISOR | $28,258 | not reported in the loaded dataset |
| Onedigital Investment Advisors LLC | INVESTMENT ADVISOR | $20,878 | not reported in the loaded dataset |
| Empower Annity Ins Comp Of America | RECORDKEEPER | $20,029 | $0 |
| Newport Group | CONTRACT ADMIN | $11,300 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $3,718 | not reported in the loaded dataset |