Burns Engineering, Inc. Employee Stock Ownership 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. Employee Stock Ownership Plan is a benefit plan reported by Burns Engineering, Inc. under EIN 23-1602491 and plan number 003. The latest loaded filing year is 2023. The filing reports 337 participants and $16,556,056 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$16.6MPlan net assets, end of year$16,555,861
Participants337Covered participants reported
Assets / participant$49.1KComputed: assets ÷ participants$49,128 (computed)
Provider compensationNone reported
Plan sponsor
Burns Engineering, Inc.
EIN
23-1602491
Plan number
003
Plan type
2
Location
Philadelphia, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023337H20250812163218NAL0008348577001
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)$16.6M total assets
Net assets$16.6MLiabilities$195
Money in vs. money out
Total income / additions$2.3M
Total expenses$651.3K
Benefits paid / distributions$649.5K
Contributions
Employer$901.9K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$16,556,056
Total liabilities (EOY)
$195
Net assets (EOY)
$16,555,861
Net assets (BOY)
$14,887,572

Income & contributions

Employer contributions
$901,929
Total contributions
$901,929
Total income / additions
$2,319,632

Expenses & distributions

Benefits paid
$649,496
Administrative expenses
$1,847
Total expenses
$651,343
Net increase / (decrease)
$1,668,289
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.

Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income28%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages