Plan Snapshot
- Plan Sponsor: Burns & Mcdonnell INC.
- Sponsor EIN: 431393692
- Sponsor Address: 9400 WARD PKWY, KANSAS CITY, MO, 641143319
- Plan Type: 401(k)
- Total Participants: 10,884
- Total Assets: $2.1B
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 | 10,884 | $2.1B | $46.7M | $130.0M |
| 2023 | 10,393 | $1.7B | $41.6M | $113.4M |
| 2022 | 8,709 | $1.3B | $33.5M | $88.8M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $615,558 | — | $615,558 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $615,558
- Estimated Expense Ratio: 0.030% 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 | $615,559 | — | $615,559 | — | — |
| 2023 | $636,363 | — | $636,363 | — | — |
| 2022 | $544,999 | — | $544,999 | — | — |