401(k) · DOL Form 5500 · 2023

Badger Meter, Inc. 401(k) Plan

Data updated 2026-08-25

$187M
Total assets Near avg plan size
800
Participants Near avg headcount
94th
Percentile by assets National rank
$233,417
Avg per participant Above avg balance/head
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Official DOL plan name: Badger Meter Employee Savings and Stock Ownership Plan · Sponsored by Badger Meter, Inc. · Wisconsin · Manufacturing

$187M in assets, 800 participants

Badger Meter, Inc.'s Badger Meter Employee Savings and Stock Ownership Plan reported $187M in total assets and 800 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #17,110 in Manufacturing (18,722 peers)

Where Badger Meter Employee Savings and Stock Ownership Plan sits by assets

Badger Meter Employee Savings and Stock Ownership Plan sits in the top 10% of all filed plans by assets, $187M for 800 participants (~$233,417/participant), up 12.4% in 2023.

#17,110
in Manufacturing (18,722 peers)
+12.4%
assets growth YoY
1.9×
vs typical plan assets (national mean)

Badger Meter Employee Savings and Stock Ownership Plan's outsized position by total assets

Badger Meter Employee Savings and Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$186,733,890 Top 6% higher than 94% of 127,068 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 2023

Badger Meter Employee Savings and Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Badger Meter Employee Savings and Stock Ownership Plan sits mid-pack in the medium band (800 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Badger Meter Employee Savings and Stock Ownership Plan reported net income rose from -$23M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Badger Meter Employee Savings and Stock Ownership Plan end-of-year assets rose from $166M in the plan year 2022 filing to $187M in the plan year 2023 filing.
  • Badger Meter Employee Savings and Stock Ownership Plan reported participants rose from 767 in the plan year 2022 filing to 800 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 390143280 · Badger Meter, Inc. PY 2023 · 401(k)

Badger Meter Employee Savings and Stock Ownership Plan · $187M · 800 · 94th

  • IND $187M
  • IND 800
  • IND 94th
  • IND 401(k)
  • IND near Woolpert 401(k) Plan
  • IND ind #17110

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 →

Badger Meter Employee Savings and Stock Ownership Plan in the asset neighbourhood

Dragados USA, Inc. 401(k) PlanDragados USA, Inc. 401(k) Pl…$187MThe Parker Poe Adams & Bernstein LLP 401(k) Profit Sharing PlanThe Parker Poe Adams & Berns…$187MBadger Meter Employee Savings and Stock Ownership PlanBadger Meter Employee Saving…$187MWoolpert 401(k) Plan$187MSubcom, LLC$187M
End-of-year total assets ($M) among Badger Meter Employee Savings and Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$166M
Net Assets (End of Year)$187M
Net Income$21M
Employer EIN390143280
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Badger Meter, Inc.)

Sponsor-wide plan assets over time

All Badger Meter, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$218M 31.072473940843764% vs 2022
2024 filing year
$160M$180M$200M$220M$240M 202220232024 $166M $218M ▲ +31.1%
Year Plans Participants Total Assets
2022 1 767 $166M
2023 1 800 $187M
2024 1 891 $218M

Nearby 401(k) Plans in Wisconsin

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

Badger Meter Employee Savings and Stock Ownership Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -20246810 Total assets ($B) Participants Badger Meter Employee Savings and Stock Ownership Plan, Total assets ($B): 0.18673389 · Participants: 800Badger Meter Employee Savings and Stock Ownership PlanAdvocate Aurora Health 401(k) Plan, Total assets ($B): 9.125723544 · Participants: 76956Advocate Aurora Health 401(k) PlanJohnson Controls Retirement Savings and Investment Plan, Total assets ($B): 6.160116767 · Participants: 28904Johnson Controls Retirement Savings and Investment PlanFiserv 401(k) Savings Plan, Total assets ($B): 4.81171463 · Participants: 25280Fiserv 401(k) Savings PlanKimberly-Clark Corporation 401(k) & Profit Sharing Plan, Total assets ($B): 4.550761 · Participants: 11236Kimberly-Clark Corporation 401(k) & Profit Sharing PlanRockwell Automation Retirement Savings Plan, Total assets ($B): 3.62235882 · Participants: 8877Rockwell Automation Retirement Savings Plan
Badger Meter Employee Savings and Stock Ownership Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants

Badger Meter Employee Savings and Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount

Outside Wisconsin, the nearest 401(k) by assets is Woolpert 401(k) Plan in OH ($187M); by covered participants it is United Federal Credit Union 401(k) Plan in MI (800 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($187M here).

Similar participant headcount

Nearest other-state filings by covered participants (800 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Badger Meter Employee Savings and Stock Ownership Plan assets move in 2023?
Badger Meter Employee Savings and Stock Ownership Plan grew at a solid clip - up 12.4% during 2023, from $166M to $187M. Reported net income was $21M.
How have Badger Meter, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Badger Meter, Inc.'s sponsor-wide assets grew 31.1%, from $166M to $218M.
Where does Badger Meter Employee Savings and Stock Ownership Plan rank by assets among Form 5500 filers?
Badger Meter Employee Savings and Stock Ownership Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Badger Meter Employee Savings and Stock Ownership Plan?
Among 401(k) plans in other states, the closest by assets is Woolpert 401(k) Plan in OH ($187M, 1,394 participants).
Which 401(k) plans cover a similar participant headcount to Badger Meter Employee Savings and Stock Ownership Plan?
Among 401(k) plans in other states, the closest by covered participants is United Federal Credit Union 401(k) Plan in MI (800 participants, $74M in assets).