Burns & Levinson Llp Retirement Plan For Associates & Other Employees — Form 5500 plan (Burns & Levinson Llp)

Plain-English plan 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, Burns & Levinson Llp Retirement Plan For Associates & Other Employees is a benefit plan reported by Burns & Levinson Llp under EIN 04-2265163 and plan number 003. The latest loaded filing year is 2023. The filing reports 164 participants and $23,919,190 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$23.9MPlan net assets, end of year$23,919,190
Participants164Covered participants reported
Assets / participant$145.8KComputed: assets ÷ participants$145,849 (computed)
Provider compensation$28.7K5 Schedule C provider row(s)$28,739
Plan sponsor
Burns & Levinson Llp
EIN
04-2265163
Plan number
003
Plan type
2
Location
Boston, MA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023164H, C20240927145317NAL0001134531001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$23.9M total assets
Net assets$23.9MLiabilities$0
Money in vs. money out
Total income / additions$6.7M
Total expenses$975K
Benefits paid / distributions$952K
Contributions
Employer$605.6K
Participant$1.6M
Full reported line items

Net assets

Total assets (EOY)
$23,919,190
Total liabilities (EOY)
$0
Net assets (EOY)
$23,919,190
Net assets (BOY)
$18,838,749

Income & contributions

Employer contributions
$605,583
Participant contributions
$1,645,362
Total contributions
$2,426,009
Total income / additions
$6,712,520

Expenses & distributions

Benefits paid
$952,000
Administrative expenses
$22,957
Total expenses
$974,957
Net increase / (decrease)
$5,737,563
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 27%Participant 73%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income14%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Marcum LlpADVISOR$13,905not reported in the loaded dataset2023
Fiducient AdvisorsADVISOR$7,000not reported in the loaded dataset2023
The Angell Pension Group, Inc.CONSULTANT$4,261not reported in the loaded dataset2023
Strategic Advisors, Inc.ADVISOR$3,573not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$0$02023

Related Form 5500 pages