401(k) · DOL Form 5500 · 2023

Burroughs, Inc. 401(k) Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
737
Participants Near avg headcount
83rd
Percentile by assets National rank
$52,757
Avg per participant Low balance/head
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Official DOL plan name: Burroughs 401(k) Plan · Sponsored by Burroughs, Inc. · Michigan · Wholesale Trade

$39M in assets, 737 participants

Burroughs, Inc.'s Burroughs 401(k) Plan reported $39M in total assets and 737 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #5,235 in Wholesale Trade (6,309 peers)

Where Burroughs 401(k) Plan sits by assets

Burroughs 401(k) Plan sits in the top quartile of all filed plans by assets, $39M for 737 participants (~$52,757/participant), up 14.6% in 2023.

#5,235
in Wholesale Trade (6,309 peers)
+14.6%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Burroughs 401(k) Plan's outsized position by total assets

Burroughs 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$38,881,711 Top 17% higher than 83% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Burroughs 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Burroughs 401(k) Plan sits mid-pack in the medium band (737 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Burroughs 401(k) Plan reported net income rose from -$6M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Burroughs 401(k) Plan reported participants rose from 630 in the plan year 2022 filing to 737 in the plan year 2023 filing.
  • Burroughs 401(k) Plan end-of-year assets rose from $34M in the plan year 2022 filing to $39M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 010941129 · Burroughs, Inc. PY 2023 · 401(k)

Burroughs 401(k) Plan · $39M · 737 · 83rd

  • ASSETS $39M
  • PCT 737
  • EIN 83rd
  • RANK 401(k)
  • PHOTO near Virgin Atlantic Airways, Ltd. 401(k) Retirement Savings Plan
  • IND ind #5235

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Wholesale Trade retirement plans → · Plans in Michigan →

Burroughs 401(k) Plan in the asset neighbourhood

Employees' Benefit Plan of Barr & Barr, Inc.Employees' Benefit Plan of B…$39MThe Farmers & Merchants State Bank 401(k) Profit Sharing PlanThe Farmers & Merchants Stat…$39MBurroughs 401(k) Plan$39MVirgin Atlantic Airways, Ltd. 401(k) Retirement Savings PlanVirgin Atlantic Airways, Ltd…$39MSuperior Group of Companies Inc. 401(k) PlanSuperior Group of Companies …$39M
End-of-year total assets ($M) among Burroughs 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$39M
Net Income$5M
Employer EIN010941129
Plan Effective Date2010-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Burroughs, Inc.)

Sponsor-wide plan assets over time

All Burroughs, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$43M 26.150632818140295% vs 2022
2024 filing year
$30M$35M$40M$45M 202220232024 $33.9M $42.8M ▲ +26.1%
Year Plans Participants Total Assets
2022 1 630 $34M
2023 1 737 $39M
2024 1 782 $43M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Burroughs 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Burroughs 401(k) Plan, Total assets ($B): 0.038881711 · Participants: 737Burroughs 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Burroughs 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Burroughs 401(k) Plan side-by-side with 3 peers →

Burroughs 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Virgin Atlantic Airways, Ltd. 401(k) Retirement Savings Plan in GA ($39M); by covered participants it is Cnb Bank Employees' Savings & Profit Sharing Plan and Trust in PA (737 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (737 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Burroughs 401(k) Plan assets move in 2023? ▼
Burroughs 401(k) Plan grew at a solid clip - up 14.6% during 2023, from $34M to $39M. Reported net income was $5M.
How have Burroughs, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Burroughs, Inc.'s sponsor-wide assets grew 26.2%, from $34M to $43M.
Where does Burroughs 401(k) Plan rank by assets among Form 5500 filers? ▼
Burroughs 401(k) Plan ranks in the 83rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Burroughs 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Virgin Atlantic Airways, Ltd. 401(k) Retirement Savings Plan in GA ($39M, 96 participants).
Which 401(k) plans cover a similar participant headcount to Burroughs 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cnb Bank Employees' Savings & Profit Sharing Plan and Trust in PA (737 participants, $81M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 010941129.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.