2023 Form 5500 filing — 401(K) Profit Sharing Plan & Trust Of Burroughs & Chapin Company, Inc.
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 20240918130605NAL0001714595001) for 401(K) Profit Sharing Plan & Trust Of Burroughs & Chapin Company, Inc., reported by Burroughs & Chapin Company, Inc. under EIN 57-0131550 and plan number 002. It reports 232 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240918130605NAL0001714595001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Burroughs & Chapin Company, Inc.
- EIN
- 57-0131550
- Plan number
- 002
- Location
- Myrtle Beach, SC
- Participants
- 232
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $23,480,821
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $23,480,821
- Employer contributions
- $308,614
- Participant contributions
- $618,615
- Total income / additions
- $4,663,129
- Benefits paid
- $521,590
- Administrative expenses
- $18,078
- Total expenses
- $539,668
- Net increase / (decrease)
- $4,123,461
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $11,425 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $6,653 | $0 |