401k Plan data: BURKE GROUP CASH BALANCE PLAN plan

BURKE GROUP CASH BALANCE PLAN 401k Plan overview

Plan Name	BURKE GROUP CASH BALANCE PLAN
Plan identification number	003

BURKE GROUP CASH BALANCE PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).

401k Sponsoring company profile

THE BURKE GROUP OF ROCHESTER, INC. has sponsored the creation of one or more 401k plans.

Company Name: THE BURKE GROUP OF ROCHESTER, INC.

Employer identification number (EIN): 450677056

NAIC Classification: 522110
NAIC Description: Commercial Banking

Additional information about THE BURKE GROUP OF ROCHESTER, INC.

Jurisdiction of Incorporation: New York Department of State

Incorporation Date: 2011-03-08

Company Identification Number: 4064411

Legal Registered Office Address: 80 LINDEN OAKS DRIVE
SUITE 210
ROCHESTER
United States of America (USA)
14625

More information about THE BURKE GROUP OF ROCHESTER, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BURKE GROUP CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2023-01-01 MICHAEL CARNEY 2024-08-22 MICHAEL CARNEY 2024-08-22
003 2022-01-01 MICHAEL CARNEY 2023-10-11
003 2021-01-01 MICHAEL CARNEY 2022-10-10
003 2020-01-01 MICHAEL CARNEY 2021-10-14 MICHAEL CARNEY 2021-10-14
003 2019-01-01 MICHAEL CARNEY 2020-10-14 MICHAEL CARNEY 2020-10-14
003 2018-01-01 MICHAEL CARNEY 2019-10-11
003 2017-01-01 MICHAEL CARNEY 2018-10-13
003 2016-01-01 MICHAEL CARNEY 2017-10-15 MICHAEL CARNEY 2017-10-15
003 2015-01-01 MICHAEL CARNEY 2016-10-17 MICHAEL CARNEY 2016-10-17
003 2014-01-01 MICHAEL CARNEY 2015-10-15 MICHAEL CARNEY 2015-10-15
003 2013-01-01 MICHAEL CARNEY 2014-10-15 MICHAEL CARNEY 2014-10-15

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
003	2023-01-01	MICHAEL CARNEY	2024-08-22	MICHAEL CARNEY	2024-08-22
003	2022-01-01	MICHAEL CARNEY	2023-10-11
003	2021-01-01	MICHAEL CARNEY	2022-10-10
003	2020-01-01	MICHAEL CARNEY	2021-10-14	MICHAEL CARNEY	2021-10-14
003	2019-01-01	MICHAEL CARNEY	2020-10-14	MICHAEL CARNEY	2020-10-14
003	2018-01-01	MICHAEL CARNEY	2019-10-11
003	2017-01-01	MICHAEL CARNEY	2018-10-13
003	2016-01-01	MICHAEL CARNEY	2017-10-15	MICHAEL CARNEY	2017-10-15
003	2015-01-01	MICHAEL CARNEY	2016-10-17	MICHAEL CARNEY	2016-10-17
003	2014-01-01	MICHAEL CARNEY	2015-10-15	MICHAEL CARNEY	2015-10-15
003	2013-01-01	MICHAEL CARNEY	2014-10-15	MICHAEL CARNEY	2014-10-15

Plan Statistics for BURKE GROUP CASH BALANCE PLAN

401k plan membership statisitcs for BURKE GROUP CASH BALANCE PLAN

Measure Date Value
2025: BURKE GROUP CASH BALANCE PLAN 2025 401k membership
Total number of particpants at beginning of year 2025-02-19 8
Total number of particpants at end of year 2025-02-19 0
2024: BURKE GROUP CASH BALANCE PLAN 2024 401k membership
Total number of particpants at beginning of year 2024-08-22 8
Total number of particpants at end of year 2024-08-22 8
2022: BURKE GROUP CASH BALANCE PLAN 2022 401k membership
Market value of plan assets 2022-12-31 6,541,120
Acturial value of plan assets 2022-12-31 6,541,120
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 0
Number of terminated vested participants 2022-12-31 1
Fundng target for terminated vested participants 2022-12-31 827,362
Active participant vested funding target 2022-12-31 4,790,899
Number of active participants 2022-12-31 7
Total funding liabilities for active participants 2022-12-31 4,790,899
Total participant count 2022-12-31 8
Total funding target for all participants 2022-12-31 5,618,261
Balance at beginning of prior year after applicable adjustments 2022-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 139,269
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 0
Amount remaining of carryover balance 2022-12-31 0
Amount remaining of prefunding balance 2022-12-31 139,269
Present value of excess contributions 2022-12-31 417,166
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 438,525
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 0
Balance of prefunding at beginning of current year 2022-12-31 154,770
Total employer contributions 2022-12-31 730,387
Total employee contributions 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 675,458
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 1,053,585
Net shortfall amortization installment of oustanding balance 2022-12-31 0
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 285,496
Carryover balance elected to use to offset funding requirement 2022-12-31 0
Prefunding balance elected to use to offset funding requirement 2022-12-31 0
Additional cash requirement 2022-12-31 285,496
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 675,458
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
Total number of particpants at beginning of year 2022-10-10 8
Total number of particpants at end of year 2022-10-10 8
2021: BURKE GROUP CASH BALANCE PLAN 2021 401k membership
Market value of plan assets 2021-12-31 5,430,651
Acturial value of plan assets 2021-12-31 5,430,651
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 0
Number of terminated vested participants 2021-12-31 1
Fundng target for terminated vested participants 2021-12-31 935,502
Active participant vested funding target 2021-12-31 3,845,074
Number of active participants 2021-12-31 7
Total funding liabilities for active participants 2021-12-31 3,845,074
Total participant count 2021-12-31 8
Total funding target for all participants 2021-12-31 4,780,576
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 124,148
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 0
Amount remaining of carryover balance 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 124,148
Present value of excess contributions 2021-12-31 295,177
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 310,585
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 0
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 0
Balance of prefunding at beginning of current year 2021-12-31 139,269
Total employer contributions 2021-12-31 716,316
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 663,474
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 757,114
Net shortfall amortization installment of oustanding balance 2021-12-31 0
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 246,308
Carryover balance elected to use to offset funding requirement 2021-12-31 0
Prefunding balance elected to use to offset funding requirement 2021-12-31 0
Additional cash requirement 2021-12-31 246,308
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 663,474
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: BURKE GROUP CASH BALANCE PLAN 2020 401k membership
Market value of plan assets 2020-12-31 4,466,835
Acturial value of plan assets 2020-12-31 4,466,835
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 0
Number of terminated vested participants 2020-12-31 1
Fundng target for terminated vested participants 2020-12-31 1,038,511
Active participant vested funding target 2020-12-31 2,941,740
Number of active participants 2020-12-31 7
Total funding liabilities for active participants 2020-12-31 2,941,740
Total participant count 2020-12-31 8
Total funding target for all participants 2020-12-31 3,980,251
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 181,657
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 72,832
Amount remaining of carryover balance 2020-12-31 0
Amount remaining of prefunding balance 2020-12-31 108,825
Present value of excess contributions 2020-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 0
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 124,148
Total employer contributions 2020-12-31 623,417
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 573,873
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 641,132
Net shortfall amortization installment of oustanding balance 2020-12-31 0
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 278,696
Carryover balance elected to use to offset funding requirement 2020-12-31 0
Prefunding balance elected to use to offset funding requirement 2020-12-31 0
Additional cash requirement 2020-12-31 278,696
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 573,873
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: BURKE GROUP CASH BALANCE PLAN 2019 401k membership
Market value of plan assets 2019-12-31 3,511,550
Acturial value of plan assets 2019-12-31 3,511,550
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 0
Number of terminated vested participants 2019-12-31 0
Fundng target for terminated vested participants 2019-12-31 0
Active participant vested funding target 2019-12-31 3,279,917
Number of active participants 2019-12-31 8
Total funding liabilities for active participants 2019-12-31 3,279,917
Total participant count 2019-12-31 8
Total funding target for all participants 2019-12-31 3,279,917
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 190,676
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 0
Prefunding balanced used to offset prior years funding requirement 2019-12-31 0
Amount remaining of carryover balance 2019-12-31 0
Amount remaining of prefunding balance 2019-12-31 190,676
Present value of excess contributions 2019-12-31 352,069
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 369,954
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 0
Reductions in caryover balances due to elections or deemed elections 2019-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 0
Balance of carryovers at beginning of current year 2019-12-31 0
Balance of prefunding at beginning of current year 2019-12-31 181,657
Total employer contributions 2019-12-31 515,102
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 481,219
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 604,027
Net shortfall amortization installment of oustanding balance 2019-12-31 0
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 554,051
Carryover balance elected to use to offset funding requirement 2019-12-31 0
Prefunding balance elected to use to offset funding requirement 2019-12-31 72,832
Additional cash requirement 2019-12-31 481,219
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 481,219
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: BURKE GROUP CASH BALANCE PLAN 2018 401k membership
Market value of plan assets 2018-12-31 3,140,574
Acturial value of plan assets 2018-12-31 3,140,574
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 0
Number of terminated vested participants 2018-12-31 0
Fundng target for terminated vested participants 2018-12-31 0
Active participant vested funding target 2018-12-31 2,554,586
Number of active participants 2018-12-31 8
Total funding liabilities for active participants 2018-12-31 2,554,586
Total participant count 2018-12-31 8
Total funding target for all participants 2018-12-31 2,554,586
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 169,460
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 169,460
Present value of excess contributions 2018-12-31 264,336
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 278,081
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 0
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 190,676
Total employer contributions 2018-12-31 521,348
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 481,741
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 524,984
Net shortfall amortization installment of oustanding balance 2018-12-31 0
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 129,672
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 0
Additional cash requirement 2018-12-31 129,672
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 481,741
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: BURKE GROUP CASH BALANCE PLAN 2017 401k membership
Market value of plan assets 2017-12-31 2,367,444
Acturial value of plan assets 2017-12-31 2,367,444
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 0
Fundng target for terminated vested participants 2017-12-31 0
Active participant vested funding target 2017-12-31 1,991,316
Number of active participants 2017-12-31 8
Total funding liabilities for active participants 2017-12-31 1,991,316
Total participant count 2017-12-31 8
Total funding target for all participants 2017-12-31 1,991,316
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 152,598
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 152,598
Present value of excess contributions 2017-12-31 141,165
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 149,211
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 0
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 169,460
Total employer contributions 2017-12-31 529,478
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 489,453
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 431,785
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 225,117
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 0
Additional cash requirement 2017-12-31 225,117
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 489,453
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: BURKE GROUP CASH BALANCE PLAN 2016 401k membership
Market value of plan assets 2016-12-31 1,698,445
Acturial value of plan assets 2016-12-31 1,698,445
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 0
Number of terminated vested participants 2016-12-31 0
Fundng target for terminated vested participants 2016-12-31 0
Active participant vested funding target 2016-12-31 1,474,769
Number of active participants 2016-12-31 8
Total funding liabilities for active participants 2016-12-31 1,474,769
Total participant count 2016-12-31 8
Total funding target for all participants 2016-12-31 1,474,769
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 155,538
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 155,538
Present value of excess contributions 2016-12-31 175,889
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 186,266
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 152,598
Total employer contributions 2016-12-31 532,955
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 487,839
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 417,752
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 346,674
Additional cash requirement 2016-12-31 346,674
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 487,839
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2025: BURKE GROUP CASH BALANCE PLAN 2025 401k membership
Total number of particpants at beginning of year	2025-02-19	8
Total number of particpants at end of year	2025-02-19	0
2024: BURKE GROUP CASH BALANCE PLAN 2024 401k membership
Total number of particpants at beginning of year	2024-08-22	8
Total number of particpants at end of year	2024-08-22	8
2022: BURKE GROUP CASH BALANCE PLAN 2022 401k membership
Market value of plan assets	2022-12-31	6,541,120
Acturial value of plan assets	2022-12-31	6,541,120
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	0
Number of terminated vested participants	2022-12-31	1
Fundng target for terminated vested participants	2022-12-31	827,362
Active participant vested funding target	2022-12-31	4,790,899
Number of active participants	2022-12-31	7
Total funding liabilities for active participants	2022-12-31	4,790,899
Total participant count	2022-12-31	8
Total funding target for all participants	2022-12-31	5,618,261
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	139,269
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	0
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	139,269
Present value of excess contributions	2022-12-31	417,166
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	438,525
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	154,770
Total employer contributions	2022-12-31	730,387
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	675,458
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	1,053,585
Net shortfall amortization installment of oustanding balance	2022-12-31	0
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	285,496
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	0
Additional cash requirement	2022-12-31	285,496
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	675,458
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
Total number of particpants at beginning of year	2022-10-10	8
Total number of particpants at end of year	2022-10-10	8
2021: BURKE GROUP CASH BALANCE PLAN 2021 401k membership
Market value of plan assets	2021-12-31	5,430,651
Acturial value of plan assets	2021-12-31	5,430,651
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	0
Number of terminated vested participants	2021-12-31	1
Fundng target for terminated vested participants	2021-12-31	935,502
Active participant vested funding target	2021-12-31	3,845,074
Number of active participants	2021-12-31	7
Total funding liabilities for active participants	2021-12-31	3,845,074
Total participant count	2021-12-31	8
Total funding target for all participants	2021-12-31	4,780,576
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	124,148
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	124,148
Present value of excess contributions	2021-12-31	295,177
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	310,585
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	0
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	139,269
Total employer contributions	2021-12-31	716,316
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	663,474
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	757,114
Net shortfall amortization installment of oustanding balance	2021-12-31	0
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	246,308
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	0
Additional cash requirement	2021-12-31	246,308
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	663,474
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: BURKE GROUP CASH BALANCE PLAN 2020 401k membership
Market value of plan assets	2020-12-31	4,466,835
Acturial value of plan assets	2020-12-31	4,466,835
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	0
Number of terminated vested participants	2020-12-31	1
Fundng target for terminated vested participants	2020-12-31	1,038,511
Active participant vested funding target	2020-12-31	2,941,740
Number of active participants	2020-12-31	7
Total funding liabilities for active participants	2020-12-31	2,941,740
Total participant count	2020-12-31	8
Total funding target for all participants	2020-12-31	3,980,251
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	181,657
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	72,832
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	108,825
Present value of excess contributions	2020-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	0
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	124,148
Total employer contributions	2020-12-31	623,417
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	573,873
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	641,132
Net shortfall amortization installment of oustanding balance	2020-12-31	0
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	278,696
Carryover balance elected to use to offset funding requirement	2020-12-31	0
Prefunding balance elected to use to offset funding requirement	2020-12-31	0
Additional cash requirement	2020-12-31	278,696
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	573,873
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: BURKE GROUP CASH BALANCE PLAN 2019 401k membership
Market value of plan assets	2019-12-31	3,511,550
Acturial value of plan assets	2019-12-31	3,511,550
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	0
Number of terminated vested participants	2019-12-31	0
Fundng target for terminated vested participants	2019-12-31	0
Active participant vested funding target	2019-12-31	3,279,917
Number of active participants	2019-12-31	8
Total funding liabilities for active participants	2019-12-31	3,279,917
Total participant count	2019-12-31	8
Total funding target for all participants	2019-12-31	3,279,917
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	190,676
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	190,676
Present value of excess contributions	2019-12-31	352,069
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	369,954
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	0
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	181,657
Total employer contributions	2019-12-31	515,102
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	481,219
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	604,027
Net shortfall amortization installment of oustanding balance	2019-12-31	0
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	554,051
Carryover balance elected to use to offset funding requirement	2019-12-31	0
Prefunding balance elected to use to offset funding requirement	2019-12-31	72,832
Additional cash requirement	2019-12-31	481,219
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	481,219
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: BURKE GROUP CASH BALANCE PLAN 2018 401k membership
Market value of plan assets	2018-12-31	3,140,574
Acturial value of plan assets	2018-12-31	3,140,574
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	0
Number of terminated vested participants	2018-12-31	0
Fundng target for terminated vested participants	2018-12-31	0
Active participant vested funding target	2018-12-31	2,554,586
Number of active participants	2018-12-31	8
Total funding liabilities for active participants	2018-12-31	2,554,586
Total participant count	2018-12-31	8
Total funding target for all participants	2018-12-31	2,554,586
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	169,460
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	169,460
Present value of excess contributions	2018-12-31	264,336
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	278,081
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	0
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	190,676
Total employer contributions	2018-12-31	521,348
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	481,741
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	524,984
Net shortfall amortization installment of oustanding balance	2018-12-31	0
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	129,672
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	0
Additional cash requirement	2018-12-31	129,672
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	481,741
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: BURKE GROUP CASH BALANCE PLAN 2017 401k membership
Market value of plan assets	2017-12-31	2,367,444
Acturial value of plan assets	2017-12-31	2,367,444
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	0
Fundng target for terminated vested participants	2017-12-31	0
Active participant vested funding target	2017-12-31	1,991,316
Number of active participants	2017-12-31	8
Total funding liabilities for active participants	2017-12-31	1,991,316
Total participant count	2017-12-31	8
Total funding target for all participants	2017-12-31	1,991,316
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	152,598
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	152,598
Present value of excess contributions	2017-12-31	141,165
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	149,211
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	169,460
Total employer contributions	2017-12-31	529,478
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	489,453
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	431,785
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	225,117
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	0
Additional cash requirement	2017-12-31	225,117
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	489,453
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: BURKE GROUP CASH BALANCE PLAN 2016 401k membership
Market value of plan assets	2016-12-31	1,698,445
Acturial value of plan assets	2016-12-31	1,698,445
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	0
Number of terminated vested participants	2016-12-31	0
Fundng target for terminated vested participants	2016-12-31	0
Active participant vested funding target	2016-12-31	1,474,769
Number of active participants	2016-12-31	8
Total funding liabilities for active participants	2016-12-31	1,474,769
Total participant count	2016-12-31	8
Total funding target for all participants	2016-12-31	1,474,769
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	155,538
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	155,538
Present value of excess contributions	2016-12-31	175,889
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	186,266
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	152,598
Total employer contributions	2016-12-31	532,955
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	487,839
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	417,752
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	346,674
Additional cash requirement	2016-12-31	346,674
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	487,839
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

Financial Data on BURKE GROUP CASH BALANCE PLAN

Measure	Date	Value
2025 : BURKE GROUP CASH BALANCE PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year	2025-02-19	8128170
Net assets as of the end of the plan year	2025-02-19	0
Total assets as of the beginning of the plan year	2025-02-19	8039961
Value of plan covered by a fidelity bond	2025-02-19	500000
Participant contributions to plan in this plan year	2025-02-19	0
Other expenses paid from plan in this plan year	2025-02-19	0
Other contributions to plan in this plan year	2025-02-19	0
Other income to plan in this plan year	2025-02-19	88209
Plan net income in this plan year	2025-02-19	-8039961
Net assets as of the end of the plan year	2025-02-19	0
Net assets as of the beginning of the plan year	2025-02-19	8039961
Employer contributions to plan in this plan year	2025-02-19	0
2024 : BURKE GROUP CASH BALANCE PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year	2024-08-22	128954
Net assets as of the end of the plan year	2024-08-22	8039961
Total assets as of the beginning of the plan year	2024-08-22	6381313
Value of plan covered by a fidelity bond	2024-08-22	500000
Other expenses paid from plan in this plan year	2024-08-22	34390
Other income to plan in this plan year	2024-08-22	687992
Plan net income in this plan year	2024-08-22	1658648
Net assets as of the end of the plan year	2024-08-22	8039961
Net assets as of the beginning of the plan year	2024-08-22	6381313
Employer contributions to plan in this plan year	2024-08-22	1099610
2022 : BURKE GROUP CASH BALANCE PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year	2022-10-10	163483
Net assets as of the end of the plan year	2022-10-10	6559991
Total assets as of the beginning of the plan year	2022-10-10	5450239
Value of plan covered by a fidelity bond	2022-10-10	500000
Other expenses paid from plan in this plan year	2022-10-10	21636
Other income to plan in this plan year	2022-10-10	556919
Plan net income in this plan year	2022-10-10	1109752
Net assets as of the end of the plan year	2022-10-10	6559991
Net assets as of the beginning of the plan year	2022-10-10	5450239
Employer contributions to plan in this plan year	2022-10-10	716316

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Company Name:	THE BURKE GROUP OF ROCHESTER, INC.
Employer identification number (EIN):	450677056
NAIC Classification:	522110
NAIC Description:	Commercial Banking

Jurisdiction of Incorporation:	New York Department of State
Incorporation Date:	2011-03-08
Company Identification Number:	4064411
Legal Registered Office Address:	80 LINDEN OAKS DRIVE SUITE 210 ROCHESTER United States of America (USA) 14625