Plan Snapshot
- Plan Sponsor: Borg Indak, INC.
- Sponsor EIN: 363935655
- Sponsor Address: 701 ENTERPRISE DRIVE, DELAVAN, WI, 53115
- Plan Type: DB
- Total Participants: 0
- Total Assets: $0
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 | 0 | $0 | $519,950 | $0 |
| 2023 | 23 | $5.2M | $0 | $0 |
| 2022 | 26 | $5.7M | $7,500 | $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 |
|---|---|---|---|---|
| ALLIANCE PENSION CONSULTANTS LLC | Other Service Provider | $61,232 | — | $61,232 |
| WARADY & DAVIS, LLP | Auditor | $22,500 | — | $22,500 |
| RLW ASSOCIATES, INC. | Other Service Provider | $20,000 | — | $20,000 |
| US BANK | Other Service Provider | $19,168 | — | $19,168 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARADY & DAVIS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $122,900
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 | $125,976 | $10,000 | — | $11,250 | — |
| 2023 | $166,406 | $10,000 | — | $11,250 | — |
| 2022 | $138,003 | $10,000 | — | — | $38,554 |