401(k) · DOL Form 5500 · 2024
Borroughs, LLC 401(k) Plan
Data updated 2026-08-25
- $8M
- Total assets Small plan by assets
- 140
- Participants Small participant base
- 52nd
- Percentile by assets National rank
- $60,388
- Avg per participant Low balance/head
Official DOL plan name: Borroughs 401(k) Retirement Plan and Trust · Sponsored by Borroughs, LLC · Michigan · Manufacturing
$8M in assets, 140 participants
Borroughs, LLC's Borroughs 401(k) Retirement Plan and Trust reported $8M in total assets and 140 participants in its 2024 DOL Form 5500 filing, ranking in the 52nd 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.
- #6,574 in Manufacturing (17,777 peers)
Coverage in Michigan
Borroughs 401(k) Retirement Plan and Trust covers 140 participants in Michigan, about 22% of the average Michigan filer (state average ~638 per filing). Assets: $8M.
- #6,574
- in Manufacturing (17,777 peers)
- -2.2%
- assets change YoY
The plan reported a net loss of $189K 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 2024 · DOL Form 5500
$8,454,283 Top 48% higher than 52% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Borroughs 401(k) Retirement Plan and Trust among mid-size filed plans by headcount
Plan-year 2024 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 (140 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Borroughs 401(k) Retirement Plan and Trust reported net income fell from $418K in the plan year 2023 filing to -$189K in the plan year 2024 filing.
- Borroughs 401(k) Retirement Plan and Trust reported participants rose from 100 in the plan year 2023 filing to 140 in the plan year 2024 filing.
- Borroughs 401(k) Retirement Plan and Trust end-of-year assets fell from $9M in the plan year 2023 filing to $8M in the plan year 2024 filing.
DOL schedule card
Filing strip 133386744 · Borroughs, LLC PY 2024 · 401(k)
Borroughs 401(k) Retirement Plan and Trust · $8M · 140 · 52nd
- VS-ST $8M
- BOY 140
- SCH 52nd
- EBSA 401(k)
- PART near Crews Auto Group 401(k) Plan
- TYPE ind #6574
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
Michigan filing particulars
| Total Assets (Beginning of Year) | $9M |
|---|---|
| Net Assets (End of Year) | $8M |
| Net Income | -$189K |
| Employer EIN | 133386744 |
| Plan Effective Date | 1991-10-25 |
| Filing Status | FILING 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
| 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.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $23.1B · 43,053
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $17.3B · 31,790
- The Dow Chemical Company Employees' Savings Plan $10.8B · 17,128
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $9.6B · 42,513
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $8.3B · 60,497
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 Crews Auto Group 401(k) Plan in SC ($8M); by covered participants it is Conformis, Inc. 401(k) Plan in MA (140 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($8M here).
Similar participant headcount
Nearest other-state filings by covered participants (140 participants); asset peers above are excluded.
- Conformis, Inc. 401(k) Plan (MA) 140 · 0 off
- Kuehl Enterprises, LLC 401(k) Retirement Plan (KS) 140 · 0 off
- 401(k) Savings Plan for Peter Marino Architects (NY) 140 · 0 off
- Zink Distributing Company 401(k) Retirement Plan (IN) 140 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.