Burr & Forman Llp Employees' 401(K) Plan — Form 5500 plan (Burr & Forman 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, Burr & Forman Llp Employees' 401(K) Plan is a benefit plan reported by Burr & Forman Llp under EIN 63-0322727 and plan number 003. The latest loaded filing year is 2023. The filing reports 218 participants and $4,597,575 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4.6MPlan net assets, end of year$4,597,575
Participants218Covered participants reported
Assets / participant$21.1KComputed: assets ÷ participants$21,090 (computed)
Provider compensation$4K2 Schedule C provider row(s)$3,986
Plan sponsor
Burr & Forman Llp
EIN
63-0322727
Plan number
003
Plan type
2
Location
Birmingham, AL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023218H, C20241011160126NAL0023172129001
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)$4.6M total assets
Net assets$4.6MLiabilities$0
Money in vs. money out
Total income / additions$1.9M
Total expenses$577.8K
Benefits paid / distributions$573.3K
Contributions
Employer$250.9K
Participant$929.7K
Full reported line items

Net assets

Total assets (EOY)
$4,597,575
Total liabilities (EOY)
$0
Net assets (EOY)
$4,597,575
Net assets (BOY)
$3,527,309

Income & contributions

Employer contributions
$250,860
Participant contributions
$929,684
Total contributions
$1,265,747
Total income / additions
$1,899,826

Expenses & distributions

Benefits paid
$573,305
Administrative expenses
$4,450
Total expenses
$577,755
Net increase / (decrease)
$1,322,071
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 21%Participant 79%
Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income30%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$2,685$02023
Capfinancial Partners LLC Dba CaptrINVESTMENT ADVISOR$1,301not reported in the loaded dataset2023

Related Form 5500 pages