Defined Benefit (Pension) · DOL Form 5500 · 2022

Borg Indak, Inc. Pension Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
30
Participants Small participant base
53rd
Percentile by assets National rank
$189,109
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Borg Indak Defined Benefit Pension Plan · Sponsored by Borg Indak, Inc. · Wisconsin · Manufacturing

$6M in assets, 30 participants

Borg Indak, Inc.'s The Borg Indak Defined Benefit Pension Plan reported $6M in total assets and 30 participants in its 2022 DOL Form 5500 filing, ranking in the 53rd 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.

  • #7,702 in Manufacturing (20,602 peers)

2022 asset change

The Borg Indak Defined Benefit Pension Plan declined sharply 19.2% in 2022 ($7M → $6M) for 30 participants.

#7,702
in Manufacturing (20,602 peers)
-19.2%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Borg Indak Defined Benefit Pension Plan's mid-pack asset rank among Manufacturing and all filers

The Borg Indak Defined Benefit Pension Plan vs every filed plan by assets

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

$5,673,274 Top 47% higher than 53% 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

The Borg Indak Defined Benefit Pension Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Borg Indak Defined Benefit Pension Plan is a small filing (30 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 363935655 · Borg Indak, Inc. PY 2022 · Defined Benefit (Pension)

The Borg Indak Defined Benefit Pension Plan · $6M · 30 · 53rd

  • PART $6M
  • TYPE 30
  • NET 53rd
  • BOOK Defined Benefit (Pension)
  • VS-ST near Pension Plan of Local 47 Bricklayers and Allied Craftman
  • BOY ind #7702

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 Wisconsin →

The Borg Indak Defined Benefit Pension Plan in the asset neighbourhood

Pension Plan of Local 47 Bricklayers and Allied CraftmanPension Plan of Local 47 Bri…$6MContinental Cement Company, LLC Pension Plan D for Salaried EmployeesContinental Cement Company, …$6MSunkist Retirement Plan - N$6MThe Borg Indak Defined Benefit Pension PlanThe Borg Indak Defined Benef…$6MLime, LLC Defined Benefit Pension PlanLime, LLC Defined Benefit Pe…$6M
End-of-year total assets ($M) among The Borg Indak Defined Benefit Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Borg Indak, Inc. years around the 2022 move

Sponsor-wide plan assets over time

All Borg Indak, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$2M$4M$6M$8M 202220232024 $5.67M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 30 $6M
2023 1 26 $5M
2024 1 23 N/A

2022 asset-move particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$6M
Net Income-$1M
Employer EIN363935655
Plan Effective Date1994-03-25
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Wisconsin

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

The Borg Indak Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -101234 Total assets ($B) Participants The Borg Indak Defined Benefit Pension Plan, Total assets ($B): 0.005673274 · Participants: 30The Borg Indak Defined Benefit Pension PlanThe Northwestern Mutual Employee Retirement Plan, Total assets ($B): 3.074208374 · Participants: 7377The Northwestern Mutual Employee Retirement PlanBuilding Trades United Pension Trust Fund Milwaukee and Vicinity, Total assets ($B): 2.951985172 · Participants: 9724Building Trades United Pension Trust Fund Milwaukee and VicinityRockwell Automation Pension Plan, Total assets ($B): 2.144532065 · Participants: 3077Rockwell Automation Pension PlanThe Northwestern Mutual Life Insurance Company Agents Retirement Plan, Total assets ($B): 1.927367772 · Participants: 7278The Northwestern Mutual Life Insurance Company Agents Retirement PlanHarley-Davidson Retirement Plan, Total assets ($B): 1.826706645 · Participants: 1744Harley-Davidson Retirement Plan
The Borg Indak Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants
Compare The Borg Indak Defined Benefit Pension Plan side-by-side with 3 peers →

The Borg Indak Defined Benefit Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Wisconsin, the nearest Defined Benefit (Pension) by assets is Pension Plan of Local 47 Bricklayers and Allied Craftman in VA ($6M); by covered participants it is Sbera Pension Plan as Adopted by Walpole Co-Operative Bank in MA (30 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (30 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 The Borg Indak Defined Benefit Pension Plan assets move in 2022? ▼
The Borg Indak Defined Benefit Pension Plan declined sharply - down 19.2% during 2022, from $7M to $6M. Reported net income was -$1M.
Which Defined Benefit (Pension) plans are similar in size to The Borg Indak Defined Benefit Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan of Local 47 Bricklayers and Allied Craftman in VA ($6M, 112 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Borg Indak Defined Benefit Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sbera Pension Plan as Adopted by Walpole Co-Operative Bank in MA (30 participants, $9M 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 363935655.

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.