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

Bomgaars Supply, Inc. Profit Sharing and Savings Plan

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

Sponsored by Bomgaars Supply, Inc. · Iowa · Retail Trade

What the 2023 filing shows

Bomgaars Supply, Inc. Profit Sharing and Savings Plan holds $53M for 2,082 participants — about $25,291 per participant, up 16.7% over the 2024 plan year.

$53M
total plan assets (2024 EOY)
2,082
covered participants
$25,291
avg assets per participant
+16.7%
assets growth YoY
Total Assets (2023)
$53M
Participants
2,082
State
Industry
Retail Trade

What the Filing Says About Bomgaars Supply, Inc. Profit Sharing and Savings Plan

Bomgaars Supply, Inc. Profit Sharing and Savings Plan is a 401(k) retirement plan sponsored by Bomgaars Supply, Inc., headquartered in Iowa. As of the 2024 Form 5500 filing, the plan reports $53M in total end-of-year assets and covers 2,082 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 420795588, and the plan has been effective since 1961-09-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $45M at the beginning of 2024 to $53M at year-end — a gain of 16.7%. Net assets (after liabilities) closed the year at $53M, with reported net income of $8M 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)$45M
Total Assets (End of Year)$53M
Net Assets (End of Year)$53M
Net Income$8M
Plan Type401(k)
Employer EIN420795588
Plan Effective Date1961-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bomgaars Supply, Inc.)

Year Plans Participants Total Assets
2022 1 1,176 $26M
2023 1 1,738 $45M
2024 1 2,082 $53M

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Frequently Asked Questions

How much money is in the Bomgaars Supply, Inc. Profit Sharing and Savings Plan?
As of the 2024 Form 5500 filing, Bomgaars Supply, Inc. Profit Sharing and Savings Plan holds $53M in total assets with 2,082 participants. It is sponsored by Bomgaars Supply, Inc..
What type of plan is Bomgaars Supply, Inc. Profit Sharing and Savings Plan?
Bomgaars Supply, Inc. Profit Sharing and Savings Plan is a 401(k) plan. It has been effective since 1961-09-01. The plan is filed with the U.S. Department of Labor under EIN 420795588.
Who sponsors the Bomgaars Supply, Inc. Profit Sharing and Savings Plan?
Bomgaars Supply, Inc. Profit Sharing and Savings Plan is sponsored by Bomgaars Supply, Inc., located in Iowa. The sponsor's EIN is 420795588 and the plan operates in the Retail Trade industry.
How did Bomgaars Supply, Inc. Profit Sharing and Savings Plan perform in 2024?
Bomgaars Supply, Inc. Profit Sharing and Savings Plan grew by 16.7% during 2024, moving from $45M to $53M in total assets. Net income was $8M.
Where can I find official filings for Bomgaars Supply, Inc. Profit Sharing and Savings Plan?
Official Form 5500 filings for Bomgaars Supply, Inc. Profit Sharing and Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 420795588 or plan name at efast.dol.gov.
How does Bomgaars Supply, Inc. Profit Sharing and Savings Plan compare to other plans?
You can compare Bomgaars Supply, Inc. Profit Sharing and Savings Plan against other 401(k) plans on the plan type page, or view plans in Iowa 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 420795588.

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