Burke, Warren, Mackay & Serritella, P.C. Profit Sharing Plan and Trust

Burke, Warren, Mackay & Serritella, P.C. Profit Sharing Plan and Trust

The Profit Sharing Plan and Trust was formed in 1992 to manage retirement assets for the law firm Burke, Warren, Mackay & Serritella, a Chicago-based practice whose partners run the governance. The plan's investment footprint sits entirely within the United States, with a noticeable tilt toward tangible assets and fixed-income pooled vehicles. The portfolio splits between mutual funds, common and collective trusts, participant loans, noninterest-bearing cash, and a direct commercial real estate holding at AMA Plaza, 330 North Wabash Avenue in Chicago. That direct property ownership distinguishes the plan from most law-firm retirement accounts, which typically keep allocations inside third-party fund structures. The plan's investment posture reflects the professional backgrounds of its oversight group — partner Craig McCrohon specializes in M&A and corporate finance and previously served as president of ACG Chicago, while the firm's management committee maintains connections to Illinois public pension investment committees. The plan's disclosed relationships include a mutual-fund book, collective trust positions, and additional general investments concentrated in US markets. The firm's broader network reaches London through a partnership with Howard Kennedy LLP and into the Chicago real estate development community via a working relationship with Karis, a local development firm. There is no public evidence of venture capital, direct private equity, or hedge fund allocations — the plan appears to operate with a conservative, income-oriented mandate. The approximate $79 million asset base (Altss estimate) reflects a modest, self-directed pool consistent with a single professional-services firm's retirement structure. The structural differentiator is the plan's hybrid nature: it is a pension trust that behaves like a small direct investor in commercial real estate, bypassing the fully outsourced model common among law firms. The trust's governance sits with a three-person management committee that also runs the law practice, merging fiduciary oversight with the operating rhythms of a mid-sized legal partnership.