# Borg Indak, INC. DB Plan
Source: https://planprovider.pro/companies/borg-indak-inc-plan

> Borg Indak, INC.'s DB plan: 0 participants, plan year 2023 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2023.

## 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|

| WARADY & DAVIS, LLP|Auditor|$11,250|—|$11,250|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [WARADY & DAVIS, LLP](https://planprovider.pro/provider/warady-and-davis-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $11,250

### 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|

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