2023 Form 5500 filing — The Borg Indak Defined Benefit Pension Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241014085827NAL0043923840001) for The Borg Indak Defined Benefit Pension Plan, reported by Borg Indak, Inc. under EIN 36-3935655 and plan number 002. It reports 186 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014085827NAL0043923840001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Borg Indak, Inc.
- EIN
- 36-3935655
- Plan number
- 002
- Location
- Delavan, WI
- Participants
- 186
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,247,662
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,247,662
- Total income / additions
- $703,954
- Benefits paid
- $963,054
- Administrative expenses
- $166,406
- Total expenses
- $1,129,460
- Net increase / (decrease)
- -$425,506
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Alliance Pension Consultants LLC | NONE | $30,616 | not reported in the loaded dataset |
| Warady & Davis, Llp | NONE | $11,250 | not reported in the loaded dataset |
| Rlw Associates, Inc. | NONE | $10,000 | not reported in the loaded dataset |
| Us Bank | NONE | $9,584 | not reported in the loaded dataset |