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Original filing (PDF)20250930151909NAL0013434160002
BURROUGHS, INC.
Form 5500
FILING_RECEIVED
BURROUGHS 401(K) PLAN
401(k) retirement plan
Active participants
575
Accounts w/ balance
969
Plan assets (EOY)
$42.8M
Net assets (EOY)
$42.8M
How this plan invests
This plan
1 pooled trust
Schedule D
29 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
91
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- 47 bps in Schedule C fees — 61% above peer band of 29 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BURROUGHS, INC..
Plan sponsor
Name
BURROUGHS, INC.
EIN
01-0941129
Address
38505 COUNTRY CLUB DRIVE, SUITE 210 · FARMINGTON HILLS, MI · 48331
Phone
(734) 737-3014
Industry
Wholesale Tradesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-09-30
Pension benefit codes
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
BAKER TILLY US, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | 13-3689044 | — | RECORD KEEPER | $118K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CREATIVE PLANNING LLC | 84-4519624 | — | INVESTMENT ADVISOR | $65K | — |
Broker
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| NATIONAL FINANCIAL SERVICES | 04-3523567 | — | SECURITIES BROKER | $0 | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MERCER INVESTMENT MANAGEMENT | 30-0282430 | — | CONSULTING | $18K | — |
Investments
23 direct securities · 1 pooled fund· $43.6M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Mutual Funds
$33.4M
17 holdings
Uncategorized
$9.0M
6 holdings
Common Collective Trust
$1.2M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Index Adm Mutual Fund Vanguard Total Stock Market Index N/R | — | — | — | $6.3M | 14.7% | |
| T. Rowe Price T. Rowe Price Retment 2030 Trust E | Mutual Funds | — | — | $5.1M | 11.8% | |
| T. Rowe Price Retirement 2035 N/R | Mutual Funds | — | — | $5.0M | 11.6% | |
| T. Rowe Price Retirement 2040 N/R | Mutual Funds | — | — | $3.8M | 8.8% | |
| T. Rowe Price Retirement 2025 N/R | Mutual Funds | — | — | $3.6M | 8.5% | |
| JPMorgan US Equity R6 N/R | Mutual Funds | — | — | $3.1M | 7.2% | |
| T. Rowe Price Retirement 2045 N/R | Mutual Funds | — | — | $2.7M | 6.3% | |
| Mutual Fund Eaton Vance Atlanta Capital SMID-Cap N/R | Mutual Funds | — | — | $2.2M | 5.1% | |
| T. Rowe Price Retirement 2020 N/R | Mutual Funds | — | — | $2.0M | 4.7% | |
| T. Rowe Price Retirement 2050 N/R | Mutual Funds | — | — | $1.4M | 3.2% | |
| Vanguard Total Bond Market Index Adm N/R | Mutual Funds | — | — | $1.2M | 2.8% | |
| RELIANCE TR/NY LIFE ANCHOR CL 0 NEW YORK LIFE · EIN 46-6350416 / PN 001 | Common Collective Trust | — | — | $1.2M | 2.8% | |
| R6 Mutual Fund Hartford International Opportunities R6 N/R | — | — | — | $866K | 2.0% | |
| Hartford Intl Opp R6 | — | — | — | $866K | 2.0% | |
| T. Rowe Price Retirement 2055 N/R | Mutual Funds | — | — | $847K | 2.0% | |
| Prudential Total Return Bond Z N/R | Mutual Funds | — | — | $840K | 2.0% | |
| Participant Loans Interest rates: 4.25% - 9.50% $0 | — | — | — | $811K | 1.9% | |
| T. Rowe Price Retirement 2060 N/R | Mutual Funds | — | — | $718K | 1.7% | |
| Vanguard Total International Stock N/R | Mutual Funds | — | — | $494K | 1.2% | |
| T. Rowe Price Retirement 2015 N/R | Mutual Funds | — | — | $396K | 0.9% | |
| Adm Mutual Fund T. Rowe Price Retirement 2065 N/R | — | — | — | $159K | 0.4% | |
| T. Rowe Price Retirement 2005 N/R | Mutual Funds | — | — | $46K | 0.1% | |
| T. Rowe Price Retirement 2010 N/R | Mutual Funds | — | — | $41K | <0.1% | |
| Cash State Street Bank and Trust N/R | — | — | — | $18K | <0.1% |