Plan Snapshot
- Plan Sponsor: Burke Distributing Co. LLC
- Sponsor EIN: 042646090
- Sponsor Address: 89 TEED DRIVE, RANDOLPH, MA, 02368
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 222
- Total Assets: $40.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 222 | $40.5M | $0 | $0 |
| 2024 | 131 | $35.1M | $419,674 | $1.2M |
| 2023 | 161 | $31.1M | $381,586 | $1.2M |
| 2022 | 146 | $26.3M | $359,996 | $1.1M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $24,929 | — | $24,929 |
| MORGAN STANLEY | Investment Advisor | $12,820 | — | $12,820 |
| ANGELL PENSION GROUP, INC | Other Service Provider | $7,578 | — | $7,578 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,327
- Estimated Expense Ratio: 0.112% of plan assets
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 |
|---|---|---|---|---|---|
| 2025 | $1,841,362 | — | — | — | — |
| 2024 | $43,436 | — | — | — | — |
| 2023 | $42,673 | — | — | — | — |
| 2022 | $48,681 | — | — | — | — |