Burns Industrial Equipment 401(k) match, vesting and fees

Plan year 2025 filingBurns Industrial Equipment, Inc. 401(k) Savings Plan · Plan 002 · EIN 25-1232695Updated Oct 2026

What Burns Industrial Equipment's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2025 filing reports $419K in employer contributions, about $1,613 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2025 Form 5500 ↗
$118,136
Average account balance
270
Participants (end of year)
$30.7M
Plan assets (end of year)
0.46%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperEmpower Annity Ins Comp of AmericaSchedule C ↗
Independent auditorSchneider, Downs & Co. (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2025 medians for 1,052 defined-contribution plans in wholesale trade with 100 to 499 participants.

Burns Industrial Equipment: employer contribution per participant$1,613
Peer median$2,091
Burns Industrial Equipment: average balance$118,136
Peer median$87,400
Burns Industrial Equipment: admin expenses ÷ assets0.46%
Peer median0.32%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $28.6M at the end of plan year 2021 to $30.7M at the end of plan year 2025.

$28.6M2021$23.8M2022$27.5M2023$30.8M2024$30.7M2025
End-of-year figures from each plan year's Form 5500 filing for the Burns Industrial Equipment plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2025270$30.7M$419K$1,6130.46%Not publishedForm 5500 ↗
2024291$30.8M$408K$1,5760.29%Not publishedForm 5500 ↗
2023266$27.5M$366K$1,4080.23%Not publishedForm 5500 ↗
2022253$23.8M$317K$1,2950.22%Not publishedForm 5500 ↗
2021258$28.6M$316K$1,2780.25%Not publishedForm 5500 ↗

Common questions

Does Burns Industrial Equipment match 401(k) contributions?

The match terms for the Burns Industrial Equipment, Inc. 401(k) Savings Plan have not been published from its filing yet. The plan year 2025 filing reports $419K in employer contributions, about $1,613 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Burns Industrial Equipment 401(k) match vested?

The vesting schedule for the Burns Industrial Equipment, Inc. 401(k) Savings Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Burns Industrial Equipment 401(k)?

The recordkeeper listed on Schedule C of the plan year 2025 filing is Empower Annity Ins Comp of America. The plan administrator is Burns Industrial Equipment, Inc..

I left Burns Industrial Equipment. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Burns Industrial Equipment, Inc., (412) 856-9253) or the recordkeeper, Empower Annity Ins Comp of America. The Burns Industrial Equipment old 401(k) page lists the contacts from every plan filing. Find an old Burns Industrial Equipment 401(k)

Data from the public Form 5500 annual reports Burns Industrial Equipment filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Burns Industrial Equipment. Not financial advice. Report a correction · Methodology