Burke & Herbert Bank & Trust Company Investment And Savings Plan — Form 5500 plan (Burke & Herbert Bank)

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, Burke & Herbert Bank & Trust Company Investment And Savings Plan is a benefit plan reported by Burke & Herbert Bank under EIN 54-0155785 and plan number 002. The latest loaded filing year is 2023. The filing reports 549 participants and $60,668,606 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Burke & Herbert Bank
EIN
54-0155785
Plan number
002
Plan type
2
Location
Alexandria, VA
Latest filing year
2023
Participants
549
End-of-year plan assets
$60,668,606

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023549H, C20240905122201NAL0011804211001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$60,668,606
Total liabilities (EOY)
$0
Net assets (EOY)
$60,668,606
Net assets (BOY)
$51,672,148

Income & contributions

Employer contributions
$1,099,274
Participant contributions
$3,135,590
Total contributions
$4,452,138
Total income / additions
$13,941,199

Expenses & distributions

Benefits paid
$4,911,143
Administrative expenses
$32,872
Total expenses
$4,944,741
Net increase / (decrease)
$8,996,458

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Advisors, Inc.ADVISOR$29,211not reported in the loaded dataset2023
Institutional Investment ConsultinADVISOR$20,000not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER-$16,339$02023

Related Form 5500 pages