Burns Engineering, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Burns Engineering, Inc.)

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 Engineering, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Burns Engineering, Inc. under EIN 23-1602491 and plan number 002. The latest loaded filing year is 2023. The filing reports 364 participants and $54,211,399 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Burns Engineering, Inc.
EIN
23-1602491
Plan number
002
Plan type
2
Location
Philadelphia, PA
Latest filing year
2023
Participants
364
End-of-year plan assets
$54,211,399

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023364H, C20241011092515NAL0010768035001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$54,211,399
Total liabilities (EOY)
$0
Net assets (EOY)
$54,211,399
Net assets (BOY)
$43,981,607

Income & contributions

Employer contributions
$1,041,649
Participant contributions
$3,756,533
Total contributions
$5,347,089
Total income / additions
$13,807,107

Expenses & distributions

Benefits paid
$3,475,810
Administrative expenses
$101,505
Total expenses
$3,577,315
Net increase / (decrease)
$10,229,792

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
BpasNONE$101,505$02023

Related Form 5500 pages