Plan Snapshot
- Plan Sponsor: Burke & Herbert Bank & Trust Company
- Sponsor EIN: 540155785
- Sponsor Address: P.O. BOX 268, ALEXANDRIA, VA, 223130268
- Plan Type: DB
- Total Participants: 57
- Total Assets: $30.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 57 | $30.6M | $0 | $0 |
| 2023 | 60 | $33.2M | $0 | $0 |
| 2022 | 70 | $32.0M | $0 | $0 |
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 |
|---|---|---|---|---|
| CONRAD SIEGEL | NONE | $50,022 | — | $50,022 |
| VANGUARD ADVISORS INC. | NONE | $32,309 | — | $32,309 |
| CONRAD SIEGEL INVESTMENT ADVISORS | NONE | $28,151 | — | $28,151 |
| BLACKROCK INC | NY | $10,022 | — | $10,022 |
| CHARLES SCHWAB & CO | NONE | $8,719 | — | $8,719 |
| YOUNT, HYDE & BARBOUR, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VANGUARD ADVISORS INC. — NONE
- CONRAD SIEGEL INVESTMENT ADVISORS — NONE
- CHARLES SCHWAB & CO — NONE
- YOUNT, HYDE & BARBOUR, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $129,223
- Estimated Expense Ratio: 0.422% 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 |
|---|---|---|---|---|---|
| 2024 | $147,141 | $60,460 | — | — | — |
| 2023 | $166,459 | $81,096 | — | — | — |
| 2022 | $167,551 | $104,403 | — | — | $44,140 |