401(k) · DOL Form 5500 · 2024

Burroughs, Inc. 401(k) Plan

Data updated 2026-08-25

$43M
Total assets Below avg plan size
782
Participants Near avg headcount
82nd
Percentile by assets National rank
$54,744
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

$43M in assets, 782 participants

Burroughs, Inc.'s Burroughs 401(k) Plan reported $43M in total assets and 782 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • #5,024 in Wholesale Trade (6,080 peers)

Where Burroughs 401(k) Plan sits by assets

Burroughs 401(k) Plan sits in the top quartile of all filed plans by assets, $43M for 782 participants (~$54,744/participant), up 10.1% in 2024.

#5,024
in Wholesale Trade (6,080 peers)
+10.1%
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 2024 · DOL Form 5500

$42,809,848 Top 18% higher than 82% of 123,620 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 2024

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

Plan-year 2024 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 (782 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Burroughs 401(k) Plan reported net income fell from $5M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Burroughs 401(k) Plan end-of-year assets rose from $39M in the plan year 2023 filing to $43M in the plan year 2024 filing.
  • Burroughs 401(k) Plan reported participants rose from 737 in the plan year 2023 filing to 782 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 010941129 · Burroughs, Inc. PY 2024 · 401(k)

Burroughs 401(k) Plan · $43M · 782 · 82nd

  • BOOK $43M
  • BOOK 782
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  • BOOK near Monogram LLC 401(k) Plan
  • BOOK ind #5024

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

Ed Voyles Employees' Incentive Savings and Retirement PlanEd Voyles Employees' Incenti…$43MBurroughs 401(k) Plan$43MMonogram LLC 401(k) Plan$43MAlliance Animal Health 401(k) PlanAlliance Animal Health 401(k…$43MAmerican Business Bank 401(k) PlanAmerican Business Bank 401(k…$43M
End-of-year total assets ($M) among Burroughs 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$43M
Net Income$4M
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 -100102030 Total assets ($B) Participants Burroughs 401(k) Plan, Total assets ($B): 0.042809848 · Participants: 782Burroughs 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The 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): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Burroughs 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

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

Outside Michigan, the nearest 401(k) by assets is Monogram LLC 401(k) Plan in MA ($43M); by covered participants it is Virco Mfg. Corporation 401(k) Plan in CA (782 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($43M here).

Similar participant headcount

Nearest other-state filings by covered participants (782 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
Burroughs 401(k) Plan grew at a solid clip - up 10.1% during 2024, from $39M to $43M. Reported net income was $4M.
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 82nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Monogram LLC 401(k) Plan in MA ($43M, 60 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 Virco Mfg. Corporation 401(k) Plan in CA (782 participants, $64M in assets).