Burch Oil Co., Inc. 401k Profit Sharing Plan — Form 5500 plan (Burch Oil Company, 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, Burch Oil Co., Inc. 401k Profit Sharing Plan is a benefit plan reported by Burch Oil Company, Inc. under EIN 52-0728457 and plan number 003. The latest loaded filing year is 2023. The filing reports 130 participants and $12,233,795 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Burch Oil Company, Inc.
- EIN
- 52-0728457
- Plan number
- 003
- Plan type
- 3
- Location
- Hollywood, MD
- Latest filing year
- 2023
- Participants
- 130
- End-of-year plan assets
- $12,233,795
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 130 | H, C | 20241014154441NAL0046660816006 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,233,795
- Net assets (EOY)
- $12,233,795
- Net assets (BOY)
- $9,562,150
Income & contributions
- Employer contributions
- $200,000
- Participant contributions
- $181,257
- Total contributions
- $381,257
- Total income / additions
- $2,806,654
Expenses & distributions
- Benefits paid
- $130,846
- Administrative expenses
- $4,163
- Total expenses
- $135,009
- Net increase / (decrease)
- $2,671,645
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Everington Consulting Inc | TPA FEES | $4,149 | $0 | 2023 |
| Charles Schwab Trust Bank | CUSTODIAL | $0 | $2,011 | 2023 |
| Morris & Wells | INVESTMENT ADVISOR FEES | $14 | not reported in the loaded dataset | 2023 |
| Wellington Consulting Services | TPA FEES. | not reported in the loaded dataset | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Burch Oil Company, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MD
- 401(k) and benefit plan filings in Hollywood, MD
- Everington Consulting Inc — Schedule C compensation
- Charles Schwab Trust Bank — Schedule C compensation
- Morris & Wells — Schedule C compensation
- Wellington Consulting Services — Schedule C compensation