Burroughs, Inc. 401(k) Plan: Login, Facts & Contact Information

Burroughs, Inc. 401(k) Plan Facts

Plan name
BURROUGHS 401(K) PLAN
Plan type
401(k) with employer contributions
Plan sponsor
BURROUGHS, INC.
Participants
1,135 (575 active employees)
Former employees with a balance
418
Plan assets
$42,809,848 at Dec 31, 2024
Average account balance
$44,179 across 969 accounts
Employer contributions
$378,967 in plan year 2024 (9% of all contributions)
Recordkeeper
Transamerica Retirement Solutions
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Feb 1, 2010
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window— Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 30, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $4.29 million went into the plan in contributions, $378,967 of it from the employer (9%).
  • $5.24 million was paid out to participants.
  • Investment and other income added $5.09 million.
  • Administrative expenses were $200,364, about $207 per account.

How the Burroughs, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,458$34.9 million$335,264$4.67 million
20201,278$36.6 million$206,024$5.34 million
2021972$40.0 million$277,308$4.56 million
2022981$33.9 million$325,448$2.64 million
20231,088$38.9 million$400,953$4.78 million
20241,135$42.8 million$378,967$5.24 million

Burroughs, Inc. 401(k) Contact Information

Phone
734-737-3014
Mailing address
38505 COUNTRY CLUB DRIVE, SUITE 210, FARMINGTON HILLS MI 48331
Plan sponsor
BURROUGHS, INC.
Employer identification number (EIN)
01-0941129
Plan number
001

Questions about the Burroughs, Inc. 401(k)

Does Burroughs, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $378,967, 9% of all contributions.

Does the Burroughs, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Burroughs, Inc 401(k) plan?

1,135 participants at the start of plan year 2024, 575 of them active employees, and 418 former employees who still had money in the plan.

What is the average 401(k) balance at Burroughs, Inc?

About $44,179 per account: $42.8 million in plan assets across 969 accounts with a balance at the end of plan year 2024.

Who manages the Burroughs, Inc 401(k) accounts?

Transamerica (listed on the filing as TRANSAMERICA RETIREMENT SOLUTIONS) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Burroughs, Inc. How do I access my 401(k)?

Your account stays with Transamerica after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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