Retirement plan

BURNS BROTHERS PRODUCE, INC. EMPLOYEES PROFIT SHARING PLAN

Name: BURNS PRDUCE LLC DBA BURNS BROTHERS PRODUCE - BURNS BROTHERS PRODUCE, INC. EMPLOYEES PROFIT SHARING PLAN (2025) Form 5500
Creator: BURNS PRDUCE LLC DBA BURNS BROTHERS PRODUCE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BURNS BROTHERS PRODUCE, INC. EMPLOYEES PROFIT SHARING PLAN, BURNS PRDUCE LLC DBA BURNS BROTHERS PRODUCE

BURNS PRDUCE LLC DBA BURNS BROTHERS PRODUCEEIN 38-2032624Plan #001PY 2025

3545 BUSCH DR SW - GRANDVILLE, MI 49418616-257-7745

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.4M

+28.8% from 2024

Total participants

0.0% from 2024

Average account balance

$170,897

+28.8% from 2024

Annual return

16.11%

-11.27 pp from 2024

Benchmarks

See 15,684 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort15,684 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$1.37M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$171K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

114.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$135K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+16.11%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$1407

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$11K

$1608 / participant

Other / not subdivided$11K100.0%

% of EOY assets

0.823%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$170,897

$184,014-7.1%

$161,149+6.0%

$138,895+23.0%

Participation rate

100.0%

82.1%+17.9pp

78.8%+21.2pp

79.9%+20.1pp

Annual return

16.11%

21.52%-5.4pp

21.16%-5.0pp

145.39%-129.3pp

Employer contribution / active EE

$12,515

$5,055+147.6%

$4,360+187.0%

$4,194+198.4%

Participant deferral / active EE

$6,763

$6,909-2.1%

$6,153+9.9%

$6,396+5.7%

Admin fee / account holder

$1,407

$18,027-92.2%

$15,194-90.7%

$12,562-88.8%

BURNS BROTHERS PRODUCE, INC. EMPLOYEES PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BURNS BROTHERS PRODUCE, INC. EMPLOYEES PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion