401(k)
2024 plan-year 401(k) DOL Form 5500

U.S. BORAX INC. 401(K) SAVINGS & RETIREMENT CONTRIBUTION PLAN FOR REPRESENTED EMPLOYEES

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

U.S. BORAX INC.

This 401(k) plan holds $76M in total assets and serves 607 participants as of 2024. It is sponsored by U.S. BORAX INC. in Utah. The plan reported positive net income of $5M for the year.

Total Assets (2023)
$76M
Participants
607
State
Industry
Mining & Oil Extraction

What the Filing Says About U.S. BORAX INC. 401(K) SAVINGS & RETIREMENT CONTRIBUTION PLAN FOR REPRESENTED EMPLOYEES

U.S. BORAX INC. 401(K) SAVINGS & RETIREMENT CONTRIBUTION PLAN FOR REPRESENTED EMPLOYEES is a 401(k) retirement plan sponsored by U.S. BORAX INC., headquartered in Utah. As of the 2024 Form 5500 filing, the plan reports $76M in total end-of-year assets and covers 607 participants across the Mining & Oil Extraction industry. The sponsor's EIN on file with the U.S. Department of Labor is 980047580, and the plan has been effective since 1990-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $72M at the beginning of 2024 to $76M at year-end — a gain of 6.3%. Net assets (after liabilities) closed the year at $76M, with reported net income of $5M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$72M
Total Assets (End of Year)$76M
Net Assets (End of Year)$76M
Net Income$5M
Plan Type401(k)
Employer EIN980047580
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (U.S. BORAX INC.)

Year Plans Participants Total Assets
2022 1 612 $62M
2023 1 629 $72M
2024 1 607 $76M

Nearby 401(k) Plans in Utah

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

Frequently Asked Questions

How much money is in the U.S. BORAX INC. 401(K) SAVINGS & RETIREMENT CONTRIBUTION PLAN FOR REPRESENTED EMPLOYEES?
As of the 2024 Form 5500 filing, U.S. BORAX INC. 401(K) SAVINGS & RETIREMENT CONTRIBUTION PLAN FOR REPRESENTED EMPLOYEES holds $76M in total assets with 607 participants. It is sponsored by U.S. BORAX INC..
What type of plan is U.S. BORAX INC. 401(K) SAVINGS & RETIREMENT CONTRIBUTION PLAN FOR REPRESENTED EMPLOYEES?
U.S. BORAX INC. 401(K) SAVINGS & RETIREMENT CONTRIBUTION PLAN FOR REPRESENTED EMPLOYEES is a 401(k) plan. It has been effective since 1990-01-01. The plan is filed with the U.S. Department of Labor under EIN 980047580.
Who sponsors the U.S. BORAX INC. 401(K) SAVINGS & RETIREMENT CONTRIBUTION PLAN FOR REPRESENTED EMPLOYEES?
U.S. BORAX INC. 401(K) SAVINGS & RETIREMENT CONTRIBUTION PLAN FOR REPRESENTED EMPLOYEES is sponsored by U.S. BORAX INC., located in Utah. The sponsor's EIN is 980047580 and the plan operates in the Mining & Oil Extraction industry.
How did U.S. BORAX INC. 401(K) SAVINGS & RETIREMENT CONTRIBUTION PLAN FOR REPRESENTED EMPLOYEES perform in 2024?
U.S. BORAX INC. 401(K) SAVINGS & RETIREMENT CONTRIBUTION PLAN FOR REPRESENTED EMPLOYEES grew by 6.3% during 2024, moving from $72M to $76M in total assets. Net income was $5M.
Where can I find official filings for U.S. BORAX INC. 401(K) SAVINGS & RETIREMENT CONTRIBUTION PLAN FOR REPRESENTED EMPLOYEES?
Official Form 5500 filings for U.S. BORAX INC. 401(K) SAVINGS & RETIREMENT CONTRIBUTION PLAN FOR REPRESENTED EMPLOYEES are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 980047580 or plan name at efast.dol.gov.
How does U.S. BORAX INC. 401(K) SAVINGS & RETIREMENT CONTRIBUTION PLAN FOR REPRESENTED EMPLOYEES compare to other plans?
You can compare U.S. BORAX INC. 401(K) SAVINGS & RETIREMENT CONTRIBUTION PLAN FOR REPRESENTED EMPLOYEES against other 401(k) plans on the plan type page, or view plans in Utah on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 980047580.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.