2023 Form 5500 filing — Borgers Usa Corp. 401(K) 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 20241015133819NAL0029813105001) for Borgers Usa Corp. 401(K) Plan, reported by Borgers Usa Corp. under EIN 65-1172965 and plan number 001. It reports 715 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015133819NAL0029813105001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Borgers Usa Corp.
- EIN
- 65-1172965
- Plan number
- 001
- Location
- Norwalk, OH
- Participants
- 715
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,303,783
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,303,783
- Employer contributions
- $701,443
- Participant contributions
- $885,623
- Total income / additions
- $2,217,786
- Benefits paid
- $800,984
- Administrative expenses
- $93,269
- Total expenses
- $894,253
- Net increase / (decrease)
- $1,323,533
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| The Vanguard Group, Inc. | NONE | $71,235 | $0 |
| Kestra Advisory Services. | NONE | $22,034 | not reported in the loaded dataset |