Burns White Profit Sharing Plan — Form 5500 plan (Burns White LLC)

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 White Profit Sharing Plan is a benefit plan reported by Burns White LLC under EIN 25-1538192 and plan number 001. The latest loaded filing year is 2023. The filing reports 352 participants and $54,032,810 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$54MPlan net assets, end of year$54,032,810
Participants352Covered participants reported
Assets / participant$153.5KComputed: assets ÷ participants$153,502 (computed)
Provider compensation$148.4K2 Schedule C provider row(s)$148,395
Plan sponsor
Burns White LLC
EIN
25-1538192
Plan number
001
Plan type
2
Location
Pittsburgh, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023352H, C20240828143822NAL0012248273001
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)$54M total assets
Net assets$54MLiabilities$0
Money in vs. money out
Total income / additions$12.5M
Total expenses$2.7M
Benefits paid / distributions$2.5M
Contributions
Employer$1.4M
Participant$2.3M
Full reported line items

Net assets

Total assets (EOY)
$54,032,810
Total liabilities (EOY)
$0
Net assets (EOY)
$54,032,810
Net assets (BOY)
$44,210,308

Income & contributions

Employer contributions
$1,365,015
Participant contributions
$2,343,328
Total contributions
$4,660,364
Total income / additions
$12,491,013

Expenses & distributions

Benefits paid
$2,520,110
Administrative expenses
$148,401
Total expenses
$2,668,511
Net increase / (decrease)
$9,822,502
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 37%Participant 63%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income20%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
First National Trust CompanyNONE$76,513not reported in the loaded dataset2023
Stancorp Financial GroupNONE$71,882not reported in the loaded dataset2023

Related Form 5500 pages