Plan Snapshot
- Plan Sponsor: Badger Mutual Insurance Company
- Sponsor EIN: 390143380
- Sponsor Address: 1134 NORTH 9TH STREET, MILWAUKEE, WI, 53233
- Plan Type: DB
- Total Participants: 30
- Total Assets: $12.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 30 | $12.5M | $400,000 | $0 |
| 2023 | 37 | $12.3M | $600,000 | $0 |
| 2022 | 38 | $11.9M | $800,000 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SENTINEL PLAN ADVISORS | Recordkeeper | $47,969 | — | $47,969 |
| SENTINEL BENEFITS GROUP, INC. | Recordkeeper | $15,191 | — | $15,191 |
| CHARLES SCHWAB & CO., INC. | Recordkeeper | — | $10,275 | $10,275 |
| T&C SERVICE ENTERPRISES, LLC | Other Service Provider | $8,865 | — | $8,865 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SENTINEL PLAN ADVISORS — Recordkeeper
- SENTINEL BENEFITS GROUP, INC. — Recordkeeper
- CHARLES SCHWAB & CO., INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $82,300
- Estimated Expense Ratio: 0.661% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $72,025 | $24,056 | — | — | — |
| 2023 | $172,999 | $22,739 | — | — | — |
| 2022 | $187,804 | $64,158 | — | — | $26,920 |