2023 Form 5500 filing — Burch Oil Co., Inc. 401k Profit Sharing 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 20241014154441NAL0046660816006) for Burch Oil Co., Inc. 401k Profit Sharing Plan, reported by Burch Oil Company, Inc. under EIN 52-0728457 and plan number 003. It reports 130 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014154441NAL0046660816006
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Burch Oil Company, Inc.
- EIN
- 52-0728457
- Plan number
- 003
- Location
- Hollywood, MD
- Participants
- 130
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,233,795
- Net assets (EOY)
- $12,233,795
- Employer contributions
- $200,000
- Participant contributions
- $181,257
- Total income / additions
- $2,806,654
- Benefits paid
- $130,846
- Administrative expenses
- $4,163
- Total expenses
- $135,009
- Net increase / (decrease)
- $2,671,645
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Everington Consulting Inc | TPA FEES | $4,149 | $0 |
| Charles Schwab Trust Bank | CUSTODIAL | $0 | $2,011 |
| Morris & Wells | INVESTMENT ADVISOR FEES | $14 | not reported in the loaded dataset |
| Wellington Consulting Services | TPA FEES. | not reported in the loaded dataset | not reported in the loaded dataset |