Plan Snapshot
- Plan Sponsor: Burnham Holdings, INC.
- Sponsor EIN: 421561863
- Sponsor Address: 1241 HARRISBURG AVENUE, LANCASTER, PA, 17604
- Plan Type: 401(k)
- Total Participants: 467
- Total Assets: $67.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 467 | $67.0M | $1.1M | $2.9M |
| 2023 | 473 | $61.1M | $1.0M | $2.7M |
| 2022 | 480 | $53.8M | $814,242 | $2.2M |
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 |
|---|---|---|---|---|
| COMMONWEALTH FINANCIAL NETWORK | INVESTMENT ADVISORY | $39,923 | $77 | $40,000 |
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $35,416 | — | $35,416 |
| RKL LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- COMMONWEALTH FINANCIAL NETWORK — INVESTMENT ADVISORY
- RKL LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $75,416
- Estimated Expense Ratio: 0.113% 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 | $75,339 | $39,923 | $35,416 | — | — |
| 2023 | $52,382 | — | $2,277 | — | — |
| 2022 | $49,895 | $49,895 | — | — | — |