Civic Intelligence

Burco Inc.

Plan context: BURCO, INC. CASH BALANCE PLAN

EIN 38-1913779 • Grand Rapids, MI • 24 filings • 7 plans

2936 South Wilson CourtGrand Rapids, MI 49534
Current Snapshot

Latest Year

2023

2023 Participants

27

2023 Assets

$3,196,737

2023 Contributions

$20,533

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$3,219,362$1,609,681$0199920132022YearValue
$3,196,737Latest year 2022

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

27140199920132022YearValue
27Latest year 2022

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202310$0$20,533-
BURCO, INC. CASH BALANCE PLAN-0$0$20,533-
2022227$3,196,737$521,358$19,310iApproximate average salary by contribution assumption: employee only about $482,739 at 4% or $321,826 at 6%; with 50% employer match about $321,826 at 4% or $214,551 at 6%; with 100% employer match about $241,369 at 4% or $160,913 at 6%.
Burco Inc. 401(K) Plan-27$2,681,620$254,606$9,430iApproximate average salary by contribution assumption: employee only about $235,746 at 4% or $157,164 at 6%; with 50% employer match about $157,164 at 4% or $104,776 at 6%; with 100% employer match about $117,873 at 4% or $78,582 at 6%.
BURCO, INC. CASH BALANCE PLAN-23$515,117$266,752$11,598iApproximate average salary by contribution assumption: employee only about $289,948 at 4% or $193,299 at 6%; with 50% employer match about $193,299 at 4% or $128,866 at 6%; with 100% employer match about $144,974 at 4% or $96,649 at 6%.
2021224$3,219,362$371,224$15,468iApproximate average salary by contribution assumption: employee only about $386,692 at 4% or $257,794 at 6%; with 50% employer match about $257,794 at 4% or $171,863 at 6%; with 100% employer match about $193,346 at 4% or $128,897 at 6%.
Burco Inc. 401(K) Plan-24$2,964,547$116,409$4,850iApproximate average salary by contribution assumption: employee only about $121,259 at 4% or $80,840 at 6%; with 50% employer match about $80,840 at 4% or $53,893 at 6%; with 100% employer match about $60,630 at 4% or $40,420 at 6%.
BURCO, INC. CASH BALANCE PLAN-21$254,815$254,815$12,134iApproximate average salary by contribution assumption: employee only about $303,351 at 4% or $202,234 at 6%; with 50% employer match about $202,234 at 4% or $134,823 at 6%; with 100% employer match about $151,676 at 4% or $101,117 at 6%.
2020124$2,334,286$128,178$5,341iApproximate average salary by contribution assumption: employee only about $133,519 at 4% or $89,013 at 6%; with 50% employer match about $89,013 at 4% or $59,342 at 6%; with 100% employer match about $66,759 at 4% or $44,506 at 6%.
Burco Inc. 401(K) Plan-24$2,334,286$128,178$5,341iApproximate average salary by contribution assumption: employee only about $133,519 at 4% or $89,013 at 6%; with 50% employer match about $89,013 at 4% or $59,342 at 6%; with 100% employer match about $66,759 at 4% or $44,506 at 6%.
2019125$2,806,952$148,055$5,922iApproximate average salary by contribution assumption: employee only about $148,055 at 4% or $98,703 at 6%; with 50% employer match about $98,703 at 4% or $65,802 at 6%; with 100% employer match about $74,028 at 4% or $49,352 at 6%.
Burco Inc. 401(K) Plan-25$2,806,952$148,055$5,922iApproximate average salary by contribution assumption: employee only about $148,055 at 4% or $98,703 at 6%; with 50% employer match about $98,703 at 4% or $65,802 at 6%; with 100% employer match about $74,028 at 4% or $49,352 at 6%.
2018126$2,207,975$139,662$5,372iApproximate average salary by contribution assumption: employee only about $134,290 at 4% or $89,527 at 6%; with 50% employer match about $89,527 at 4% or $59,685 at 6%; with 100% employer match about $67,145 at 4% or $44,763 at 6%.
Burco Inc. 401(K) Plan-26$2,207,975$139,662$5,372iApproximate average salary by contribution assumption: employee only about $134,290 at 4% or $89,527 at 6%; with 50% employer match about $89,527 at 4% or $59,685 at 6%; with 100% employer match about $67,145 at 4% or $44,763 at 6%.
2017126$2,186,832$134,999$5,192iApproximate average salary by contribution assumption: employee only about $129,807 at 4% or $86,538 at 6%; with 50% employer match about $86,538 at 4% or $57,692 at 6%; with 100% employer match about $64,903 at 4% or $43,269 at 6%.
Burco Inc. 401(K) Plan-26$2,186,832$134,999$5,192iApproximate average salary by contribution assumption: employee only about $129,807 at 4% or $86,538 at 6%; with 50% employer match about $86,538 at 4% or $57,692 at 6%; with 100% employer match about $64,903 at 4% or $43,269 at 6%.
2016125$1,755,741$113,485$4,539iApproximate average salary by contribution assumption: employee only about $113,485 at 4% or $75,657 at 6%; with 50% employer match about $75,657 at 4% or $50,438 at 6%; with 100% employer match about $56,742 at 4% or $37,828 at 6%.
Burco Inc. 401(K) Plan-25$1,755,741$113,485$4,539iApproximate average salary by contribution assumption: employee only about $113,485 at 4% or $75,657 at 6%; with 50% employer match about $75,657 at 4% or $50,438 at 6%; with 100% employer match about $56,742 at 4% or $37,828 at 6%.
2015125$1,526,146$241,987$9,679iApproximate average salary by contribution assumption: employee only about $241,987 at 4% or $161,325 at 6%; with 50% employer match about $161,325 at 4% or $107,550 at 6%; with 100% employer match about $120,993 at 4% or $80,662 at 6%.
Burco Inc. 401(K) Plan-25$1,526,146$241,987$9,679iApproximate average salary by contribution assumption: employee only about $241,987 at 4% or $161,325 at 6%; with 50% employer match about $161,325 at 4% or $107,550 at 6%; with 100% employer match about $120,993 at 4% or $80,662 at 6%.
2014121$1,345,388$113,464$5,403iApproximate average salary by contribution assumption: employee only about $135,076 at 4% or $90,051 at 6%; with 50% employer match about $90,051 at 4% or $60,034 at 6%; with 100% employer match about $67,538 at 4% or $45,025 at 6%.
Burco Inc. 401(K) Plan-21$1,345,388$113,464$5,403iApproximate average salary by contribution assumption: employee only about $135,076 at 4% or $90,051 at 6%; with 50% employer match about $90,051 at 4% or $60,034 at 6%; with 100% employer match about $67,538 at 4% or $45,025 at 6%.
2013122$1,210,384$105,633$4,802iApproximate average salary by contribution assumption: employee only about $120,038 at 4% or $80,025 at 6%; with 50% employer match about $80,025 at 4% or $53,350 at 6%; with 100% employer match about $60,019 at 4% or $40,013 at 6%.
Burco Inc. 401(K) Plan-22$1,210,384$105,633$4,802iApproximate average salary by contribution assumption: employee only about $120,038 at 4% or $80,025 at 6%; with 50% employer match about $80,025 at 4% or $53,350 at 6%; with 100% employer match about $60,019 at 4% or $40,013 at 6%.
2012122$1,038,191$84,591$3,845iApproximate average salary by contribution assumption: employee only about $96,126 at 4% or $64,084 at 6%; with 50% employer match about $64,084 at 4% or $42,723 at 6%; with 100% employer match about $48,063 at 4% or $32,042 at 6%.
Burco Inc. 401(K) Plan-22$1,038,191$84,591$3,845iApproximate average salary by contribution assumption: employee only about $96,126 at 4% or $64,084 at 6%; with 50% employer match about $64,084 at 4% or $42,723 at 6%; with 100% employer match about $48,063 at 4% or $32,042 at 6%.
2011121$888,608$103,384$4,923iApproximate average salary by contribution assumption: employee only about $123,076 at 4% or $82,051 at 6%; with 50% employer match about $82,051 at 4% or $54,701 at 6%; with 100% employer match about $61,538 at 4% or $41,025 at 6%.
Burco Inc. 401(K) Plan-21$888,608$103,384$4,923iApproximate average salary by contribution assumption: employee only about $123,076 at 4% or $82,051 at 6%; with 50% employer match about $82,051 at 4% or $54,701 at 6%; with 100% employer match about $61,538 at 4% or $41,025 at 6%.
2010119$869,858$87,037$4,581iApproximate average salary by contribution assumption: employee only about $114,522 at 4% or $76,348 at 6%; with 50% employer match about $76,348 at 4% or $50,899 at 6%; with 100% employer match about $57,261 at 4% or $38,174 at 6%.
Burco Inc. 401(K) Plan-19$869,858$87,037$4,581iApproximate average salary by contribution assumption: employee only about $114,522 at 4% or $76,348 at 6%; with 50% employer match about $76,348 at 4% or $50,899 at 6%; with 100% employer match about $57,261 at 4% or $38,174 at 6%.
2009119$758,236$100,250$5,276iApproximate average salary by contribution assumption: employee only about $131,908 at 4% or $87,939 at 6%; with 50% employer match about $87,939 at 4% or $58,626 at 6%; with 100% employer match about $65,954 at 4% or $43,969 at 6%.
Burco Inc. 401(K) Plan-19$758,236$100,250$5,276iApproximate average salary by contribution assumption: employee only about $131,908 at 4% or $87,939 at 6%; with 50% employer match about $87,939 at 4% or $58,626 at 6%; with 100% employer match about $65,954 at 4% or $43,969 at 6%.
2008119$563,719$89,365$4,703iApproximate average salary by contribution assumption: employee only about $117,586 at 4% or $78,390 at 6%; with 50% employer match about $78,390 at 4% or $52,260 at 6%; with 100% employer match about $58,793 at 4% or $39,195 at 6%.
Burco Inc. 401(K) Plan-19$563,719$89,365$4,703iApproximate average salary by contribution assumption: employee only about $117,586 at 4% or $78,390 at 6%; with 50% employer match about $78,390 at 4% or $52,260 at 6%; with 100% employer match about $58,793 at 4% or $39,195 at 6%.
2007118$780,529$84,930$4,718iApproximate average salary by contribution assumption: employee only about $117,958 at 4% or $78,639 at 6%; with 50% employer match about $78,639 at 4% or $52,426 at 6%; with 100% employer match about $58,979 at 4% or $39,319 at 6%.
Burco Inc. 401(K) Plan-18$780,529$84,930$4,718iApproximate average salary by contribution assumption: employee only about $117,958 at 4% or $78,639 at 6%; with 50% employer match about $78,639 at 4% or $52,426 at 6%; with 100% employer match about $58,979 at 4% or $39,319 at 6%.
2006118$669,614$599,901$33,328iApproximate average salary by contribution assumption: employee only about $833,196 at 4% or $555,464 at 6%; with 50% employer match about $555,464 at 4% or $370,309 at 6%; with 100% employer match about $416,598 at 4% or $277,732 at 6%.
Burco Inc. 401(K) Plan-18$669,614$599,901$33,328iApproximate average salary by contribution assumption: employee only about $833,196 at 4% or $555,464 at 6%; with 50% employer match about $555,464 at 4% or $370,309 at 6%; with 100% employer match about $416,598 at 4% or $277,732 at 6%.
2003127$552,629$542,265$20,084iApproximate average salary by contribution assumption: employee only about $502,097 at 4% or $334,731 at 6%; with 50% employer match about $334,731 at 4% or $223,154 at 6%; with 100% employer match about $251,049 at 4% or $167,366 at 6%.
Burco Inc. 401K Profit Sharing Plan-27$552,629$542,265$20,084iApproximate average salary by contribution assumption: employee only about $502,097 at 4% or $334,731 at 6%; with 50% employer match about $334,731 at 4% or $223,154 at 6%; with 100% employer match about $251,049 at 4% or $167,366 at 6%.
200110$0$0-
Burco Inc. 401K Profit Sharing Plan-0---
2000116$641,955$104,299$6,519iApproximate average salary by contribution assumption: employee only about $162,967 at 4% or $108,645 at 6%; with 50% employer match about $108,645 at 4% or $72,430 at 6%; with 100% employer match about $81,484 at 4% or $54,322 at 6%.
Burco Inc. 401K Profit Sharing Plan-16$641,955$104,299$6,519iApproximate average salary by contribution assumption: employee only about $162,967 at 4% or $108,645 at 6%; with 50% employer match about $108,645 at 4% or $72,430 at 6%; with 100% employer match about $81,484 at 4% or $54,322 at 6%.
1999114$796,980$80,433$5,745iApproximate average salary by contribution assumption: employee only about $143,630 at 4% or $95,754 at 6%; with 50% employer match about $95,754 at 4% or $63,836 at 6%; with 100% employer match about $71,815 at 4% or $47,877 at 6%.
Burco Inc. 401K Profit Sharing Plan-14$796,980$80,433$5,745iApproximate average salary by contribution assumption: employee only about $143,630 at 4% or $95,754 at 6%; with 50% employer match about $95,754 at 4% or $63,836 at 6%; with 100% employer match about $71,815 at 4% or $47,877 at 6%.