2023 Form 5500 filing — Richard S. Burns & Company, Inc. Employee Benefit Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240712160445NAL0027307312001) for Richard S. Burns & Company, Inc. Employee Benefit Plan, reported by Richard S. Burns & Company, Inc. under EIN 23-2536562 and plan number 501. It reports 64 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$370.3KReported net assets$370,322
Participants64
Provider compensation$79K4 Schedule C row(s)$78,987
Schedules filedSchedule I, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240712160445NAL0027307312001
- Plan sponsor
- Richard S. Burns & Company, Inc.
- EIN
- 23-2536562
- Plan number
- 501
- Location
- Philadelphia, PA
- Received date
- not reported in the loaded dataset
Schedule I · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$401K total assets
Net assets$370.3KLiabilities$30.7K
Full reported line items
- Total assets (EOY)
- $400,979
- Total liabilities (EOY)
- $30,657
- Net assets (EOY)
- $370,322
- Employer contributions
- $458,855
- Participant contributions
- $133,952
- Total income / additions
- $599,509
- Benefits paid
- $267,705
- Administrative expenses
- $28,272
- Total expenses
- $524,282
- Net increase / (decrease)
- $75,227
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Patriot (The Safegard Group, Inc.) | BROKER | $32,265 | not reported in the loaded dataset |
| Aetna Health Plans | ADMIN | $28,272 | not reported in the loaded dataset |
| The Benecon Group, LLC | BROKER | $14,606 | not reported in the loaded dataset |
| Connectcare3 | PATIENT ADVOCATE | $3,844 | not reported in the loaded dataset |