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Original filing (PDF)20251008154124NAL0003401523001
BURGAFLEX NORTH AMERICA, LLC
Form 5500
FILING_RECEIVED
BURGAFLEX NORTH AMERICA 401(K) RETIREMENT SAVINGS PLAN
401(k) retirement plan
Signals · 2
~109 bps in Sched C feesNo recordkeeper disclosed
Active participants
292
Accounts w/ balance
499
Plan assets (EOY)
$2.9M
Net assets (EOY)
$2.9M
How this plan invests
This plan
1 pooled trust
Schedule D
26 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
89
/ 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
80
Participation health
100
Knocking points off
- 109 bps in Schedule C fees — 110% above peer band of 52 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BURGAFLEX NORTH AMERICA, LLC.
Plan sponsor
Name
BURGAFLEX NORTH AMERICA, LLC
EIN
38-3613953
Address
1101 COPPER AVENUE · FENTON, MI · 48430
Phone
(810) 714-3285
Industry
Manufacturingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-08
Pension benefit codes
2A · Age/service weighted or new comparability
2E · Profit-sharing
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)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
BDO USA, P.C.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsTPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MBC RETIREMENT SERVICES, INC. | 38-3220894 | — | TPA | $8K | — |
Other
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| VOYA RETIRMENT INS AND ANNUITY CO | 71-0294708 | — | SERVICE PROVIDER | $24K | — |
| EQUITABLE ADVISORS, LLC | 13-4071393 | — | SERVICE PROVIDER | $0 | — |
Investments
26 direct securities · 1 pooled fund· $5.7M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Their holdings are itemized on each fund’s own Form 5500.
Pooled Separate Account
$2.8M
1 holding
Uncategorized
$2.5M
24 holdings
Pooled Separate Accounts
$410K
1 holding
Guaranteed Income / GIC
$32K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| MAP CONTRACT SEPARATE ACCOUNT D VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY · EIN 70-1294708 / PN 000 | Pooled Separate Account | — | — | $2.8M | 95.3% | |
| Voya Retirement Insurance and Annuity Co. Index Solution 2045 P Z | — | — | — | $426K | 14.7% | |
| s * Voya Retirement Insurance and Annuity Co. Index Solution 2030 P Z | Pooled Separate Accounts | — | — | $410K | 14.1% | |
| Voya Retirement Insurance and Annuity Co. Index Solution 2035 P Z | — | — | — | $371K | 12.8% | |
| Voya Retirement Insurance and Annuity Co. Index Solution 2025 P Z | — | — | — | $280K | 9.7% | |
| Vanguard 500 Index Fund Adm | — | — | — | $220K | 7.6% | |
| Voya Retirement Insurance and Annuity Co. Index Solution 2060 P Z | — | — | — | $174K | 6.0% | |
| Voya Retirement Insurance and Annuity Co. Index Solution 2050 P Z | — | — | — | $165K | 5.7% | |
| Voya Retirement Insurance and Annuity Co. Index Solution 2040 P Z | — | — | — | $151K | 5.2% | |
| Voya Retirement Insurance and Annuity Co. Index Solution 2055 P Z | — | — | — | $145K | 5.0% | |
| Participant Loans Interest rates at 9.00% to 9.75% | — | — | — | $105K | 3.6% | |
| JPMorgan Large Cap Growth Fund II R1 | — | — | — | $93K | 3.2% | |
| Voya Retirement Insurance and Annuity Co. Index Solution 2065 P Z | — | — | — | $64K | 2.2% | |
| Voya Retirement Insurance and Annuity Co. Index Solution Inc P Z | — | — | — | $58K | 2.0% | |
| PIMCO Income Fund Ins | — | — | — | $52K | 1.8% | |
| Vanguard Small-Cap Index Fnd Adm | — | — | — | $39K | 1.3% | |
| * Voya Retirement Insurance and Annuity Co. Fixed Account (4062) | Guaranteed Income / GIC | — | — | $32K | 1.1% | |
| American Funds Am Balanced R6 | — | — | — | $23K | 0.8% | |
| JPMorgan Equity Income Fund R6 | — | — | — | $22K | 0.7% | |
| Vanguard Mid-Cap Index Fund Adm | — | — | — | $21K | 0.7% | |
| BlackRock High Yield Bnd Port K | — | — | — | $15K | 0.5% | |
| Voya Retirement Insurance and Annuity Co. Gv Mny Mkt F A (Hld Acct) | — | — | — | $11K | 0.4% | |
| Voya Retirement Insurance and Annuity Co. Intermediate Bond Fund R6 | — | — | — | $11K | 0.4% | |
| PIMCO Real Return Fund Ins | — | — | — | $7K | 0.2% | |
| MFS Mid Cap Value Fund R6 333 Neuberger Berman MdCp Grw Fnd R6 | — | — | — | $2K | <0.1% | |
| DFA US Targeted Vl Port Ins | — | — | — | $2K | <0.1% | |
| ClearBridge Small-Cap Grw Fund IS | — | — | — | $2K | <0.1% |