Plan Snapshot
- Plan Sponsor: Bomag Americas, INC.
- Sponsor EIN: 341603223
- Sponsor Address: 125 BLUE GRANITE PKWY, RIDGEWAY, SC, 29130
- Plan Type: 401(k)
- Total Participants: 175
- Total Assets: $14.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 175 | $14.6M | $941,280 | $1.2M |
| 2023 | 195 | $12.5M | $486,871 | $950,949 |
| 2022 | 165 | $10.4M | $373,553 | $723,233 |
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 |
|---|---|---|---|---|
| BAUKNIGHT, PIETRAS AND STORMER, P.A | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAUKNIGHT, PIETRAS AND STORMER, P.A — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $2,710 | — | — | — | — |
| 2023 | $19,689 | — | $19,689 | — | — |
| 2022 | $19,485 | — | $19,485 | — | — |