Plan Snapshot
- Plan Sponsor: Burt Process Equipment, INC.
- Sponsor EIN: 060865459
- Sponsor Address: 100 OVERLOOK DRIVE, HAMDEN, CT, 06518
- Plan Type: 401(k)
- Total Participants: 193
- Total Assets: $16.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 193 | $16.6M | $736,164 | $967,888 |
| 2023 | 163 | $13.8M | $872,472 | $848,586 |
| 2022 | 131 | $10.6M | $840,000 | $639,317 |
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 |
|---|---|---|---|---|
| CITRIN COOPERMAN & COMPANY, LLP | Auditor | — | — | $0 |
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 | $40,232 | $2,938 | $5,863 | — | — |
| 2023 | $7,708 | — | $7,708 | — | — |
| 2022 | $3,923 | — | $3,923 | — | — |