401(k) · DOL Form 5500 · 2022

Borroughs, LLC 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
112
Participants Small participant base
61st
Percentile by assets National rank
$73,443
Avg per participant Below avg balance/head
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Official DOL plan name: Borroughs 401(k) Retirement Plan and Trust · Sponsored by Borroughs, LLC · Michigan · Manufacturing

$8M in assets, 112 participants

Borroughs, LLC's Borroughs 401(k) Retirement Plan and Trust reported $8M in total assets and 112 participants in its 2022 DOL Form 5500 filing, ranking in the 61st percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #9,705 in Manufacturing (20,602 peers)

Coverage in Michigan

Borroughs 401(k) Retirement Plan and Trust covers 112 participants in Michigan, about 18% of the average Michigan filer (state average ~638 per filing). Assets: $8M.

#9,705
in Manufacturing (20,602 peers)
-17.7%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Borroughs 401(k) Retirement Plan and Trust's mid-pack asset rank among Manufacturing and all filers

Borroughs 401(k) Retirement Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$8,225,640 Top 39% higher than 61% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Borroughs 401(k) Retirement Plan and Trust among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Borroughs 401(k) Retirement Plan and Trust sits mid-pack in the medium band (112 participants).

Published 5500 schedule card

Filing strip 133386744 · Borroughs, LLC PY 2022 · 401(k)

Borroughs 401(k) Retirement Plan and Trust · $8M · 112 · 61st

  • PCT $8M
  • EIN 112
  • RANK 61st
  • PHOTO 401(k)
  • IND near Pioneer Products, Inc. 401(k) Profit Sharing Plan and Trust
  • EOY ind #9705

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Michigan →

Borroughs 401(k) Retirement Plan and Trust in the asset neighbourhood

Borroughs 401(k) Retirement Plan and TrustBorroughs 401(k) Retirement …$8MPioneer Products, Inc. 401(k) Profit Sharing Plan and TrustPioneer Products, Inc. 401(k…$8MFlash Global Logistics, Inc. 401(k) PlanFlash Global Logistics, Inc.…$8MCygnus Manufacturing Company LLC 401(k) Retirement PlanCygnus Manufacturing Company…$8MRiverhead Nissan 112 401(k) PlanRiverhead Nissan 112 401(k) …$8M
End-of-year total assets ($M) among Borroughs 401(k) Retirement Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$8M
Net Income-$2M
Employer EIN133386744
Plan Effective Date1991-10-25
Filing StatusFILING RECEIVED

Sponsor Plan History (Borroughs, LLC)

Sponsor-wide plan assets over time

All Borroughs, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$8M 2.7796378154161863% vs 2022
2024 filing year
$8M$8.2M$8.4M$8.6M$8.8M 202220232024 $8.23M $8.45M ▲ +2.7%
Year Plans Participants Total Assets
2022 1 112 $8M
2023 1 100 $9M
2024 1 140 $8M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Borroughs 401(k) Retirement Plan and Trust vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Borroughs 401(k) Retirement Plan and Trust, Total assets ($B): 0.00822564 · Participants: 112Borroughs 401(k) Retirement Plan and TrustGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Borroughs 401(k) Retirement Plan and Trust vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Borroughs 401(k) Retirement Plan and Trust side-by-side with 3 peers →

Borroughs 401(k) Retirement Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Pioneer Products, Inc. 401(k) Profit Sharing Plan and Trust in WI ($8M); by covered participants it is Colorado Bluesky Enterprises Custom 401(k) Plan and Trust in CO (112 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (112 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Borroughs 401(k) Retirement Plan and Trust assets move in 2022? ▼
Borroughs 401(k) Retirement Plan and Trust declined sharply - down 17.7% during 2022, from $10M to $8M. Reported net income was -$2M.
How have Borroughs, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Borroughs, LLC's sponsor-wide assets grew 2.8%, from $8M to $8M.
Which 401(k) plans are similar in size to Borroughs 401(k) Retirement Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Pioneer Products, Inc. 401(k) Profit Sharing Plan and Trust in WI ($8M, 146 participants).
Which 401(k) plans cover a similar participant headcount to Borroughs 401(k) Retirement Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Colorado Bluesky Enterprises Custom 401(k) Plan and Trust in CO (112 participants, $1M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 133386744.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.