Plan Snapshot
- Plan Sponsor: Burch Oil Company, INC.
- Sponsor EIN: 520728457
- Sponsor Address: P.O. BOX 8, HOLLYWOOD, MD, 206360000
- Plan Type: 401(k)
- Total Participants: 83
- Total Assets: $12.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 83 | $12.2M | $200,000 | $207,142 |
| 2023 | 65 | $12.2M | $200,000 | $181,257 |
| 2022 | 72 | $9.6M | $200,000 | $193,050 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| GROSSBERG COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GROSSBERG COMPANY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $4,693 | $20 | — | — | — |
| 2023 | $4,163 | $14 | $4,149 | — | — |
| 2022 | $4,210 | $4,196 | — | — | — |