New York › Professional, scientific and technical services › 1,000 to 4,999 participants
Form 5500 statement · plan year 1 Jan 2025 to 31 Dec 2025
Real Estate Commission Retirement Savings Plan
Sponsored by Burke Capital VI, Inc., Rochester, NY
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Real Estate Commission Retirement Savings Plan is a 401(k) plan sponsored by Burke Capital VI, Inc. of Rochester, New York. For the plan year ending 31 Dec 2025 it reported 4,713 participants, 4,685 of them active, and net assets of $7.7M.
Net assets came to $74 per participant in plan year 2024, well below the $62,774 median for defined contribution plans with 25,000 or more participants and well below the $92,294 median for defined contribution plans in finance and insurance. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 3 service provider organisations paid $5,000 or more, with reported compensation of $164K: $34.90 per participant, well below the same-size median of $36.41. Administrative expenses charged to the plan were $164K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $8.1M in 2011 to $7.7M in 2025 (down 5%), and participants from 577,721 to 4,713 (down 99%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure, plan year 2024 | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $74 | $62,774 | $92,294 | $53,102 |
| Employer contributions per active participant | — | $2,417 | $3,564 | $2,175 |
| Schedule C compensation per participant | $1.63 | $36.41 | $137 | $123 |
| Schedule C compensation, share of net assets | 2.2% | 0.07% | 0.17% | 0.26% |
| Administrative expenses per participant | $1.63 | $38.81 | $130 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 25,000 or more participants (608 plans), finance and insurance (4,391) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2025 | 4,713 | $7.7M | $1,627 | — | $197K | $164K |
| 2024 | 98,776 | $7.3M | $74 | — | $222K | $161K |
| 2023 | 115,298 | $7.0M | $60 | — | $218K | $150K |
| 2022 | 145,928 | $6.2M | $42 | — | $56K | $146K |
| 2021 | 148,983 | $9.4M | $63 | — | $16K | $164K |
| 2020 | 225,055 | $9.1M | $40 | — | $2,000 | $195K |
| 2019 | 183,564 | $9.1M | $50 | — | $134K | $242K |
| 2018 | 218,155 | $8.7M | $40 | — | $511K | $281K |
| 2017 | 227,625 | $9.9M | $44 | — | $522K | $324K |
| 2016 | 251,796 | $9.3M | $37 | — | $642K | $374K |
| 2015 | 283,993 | $9.2M | $33 | — | $698K | $360K |
| 2014 | 321,142 | $9.7M | $30 | — | $811K | $417K |
| 2013 | 499,089 | $9.8M | $20 | — | $941K | $405K |
| 2011 | 577,721 | $8.1M | $14 | — | $1.1M | $368K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$7,280,041
- Employer contributions—
- Participant contributions$196,877
- Rollovers and other contributions—
- Total contributions$196,877
- Total income, including investment results$1,205,319
- Benefits paid$650,517
- Administrative expenses$164,483
- Total expenses$815,000
- Net income$390,319
- Net transfers$0
- Net assets, end of year$7,670,360
Participants
- Active participants4,685
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits21
- Participants with account balances685
- Total participants, end of year4,713
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| USI Consulting Group | Recordkeeping and information management | $140,618 | $0 |
| Cobblestone Capital Advisors, LLC | Investment advisory (plan) | $21,842 | $0 |
| Newport Group, Inc. | Recordkeeping and information management | $2,023 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Contract administrator fees$142,641
- Investment advisory and management fees$21,842
- Total administrative expenses$164,483
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$7.3M · 95.8%
- Common/collective trusts$321K · 4.2%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmMengel, Metzger, Barr & Co. LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondNo
- Blackout period during the yearYes
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2EProfit-sharing plan2GTotal participant-directed account plan2JCode section 401(k) feature2FERISA section 404(c) plan2TTotal or partial participant-directed account plan with a default investment account3BPlan covering self-employed individuals
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 541110: Offices of Lawyers.
Similar plans in New York
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Skadden Arps Slate Meagher & Flom Savings Plan | Skadden Arps Slate Meagher & Flom, LLP | 4,854 | $1.47B | $302,126 |
| Baldor Specialty Foods, Inc. 401(k) Profit Sharing Plan | Baldor Specialty Foods, Inc. | 4,325 | $67.5M | $15,599 |
| Eisner Advisory Group, LLC Retirement Plan | Eisner Advisory Group, LLC | 4,870 | $699M | $143,591 |
| Sutherland Global Services, Inc. 401(k) Plan | Sutherland Global Services, Inc. | 4,156 | $103M | $24,875 |
| McGraw Hill 401(k) Plan | McGraw-Hill Education Holdings, LLC | 4,935 | $906M | $183,634 |
| Otg Concessions Management, LLC 401(k) Profit Sharing Plan | Otg Concessions Management, LLC | 3,972 | $33.3M | $8,393 |
Defined contribution plans in professional, scientific and technical services closest in size.
Questions and answers
How big is Real Estate Commission Retirement Savings Plan?
4,713 participants at the end of the plan year ending 31 Dec 2025, of whom 4,685 were active employees, with net assets of $7,670,360. Among defined contribution plans that places it in the 1,000 to 4,999 participants band, which held 608 plans in plan year 2024.
What does Burke Capital VI, Inc. contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $164,483 in compensation to service provider organisations, $34.90 per participant or 2.1% of net assets. The same-size median among plans reporting any Schedule C compensation was $36.41 per participant. Administrative expenses on Schedule H were $164,483. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Burke Capital VI, Inc.. Recordkeeping or administration: USI Consulting Group and Newport Group, Inc.. Investment advisory or management: Cobblestone Capital Advisors, LLC. The financial statements were audited by Mengel, Metzger, Barr & Co. LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2025 to 31 Dec 2025, received by the Department of Labor on 6 Jul 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 45-0677056, plan 002, received 6 Jul 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.