Border States Industries 401(k) match, vesting and fees
What Border States Industries' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Grant Thornton LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 348 defined-contribution plans in wholesale trade with 1,000 to 4,999 participants.
| Border States Industries: employer contribution per participant | — | |
| Peer median | $2,066 |
| Border States Industries: average balance | $63,788 | |
| Peer median | $77,876 |
| Border States Industries: admin expenses ÷ assets | 0.12% | |
| Peer median | 0.14% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $170M at the end of plan year 2021 to $254M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 4,244 | $254M | — | — | 0.12% | Not published | Form 5500 ↗ |
| 2023 | 3,925 | $211M | — | — | 0.13% | Not published | Form 5500 ↗ |
| 2022 | 3,463 | $163M | — | — | 0.14% | Not published | Form 5500 ↗ |
| 2021 | 3,099 | $170M | — | — | 0.18% | Not published | Form 5500 ↗ |
Other Border States Industries plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Border States Industries, Inc. Employee Stock Ownership Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Financial Group | Schedule C ↗ |
| Independent auditor | Grant Thornton LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Kriz-Davis Company Employee Stock Ownership Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Regier Carr & Monroe LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Retirement · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Border States Industries match 401(k) contributions?
The match terms for the Border States Electric Supply 401(k) Plan have not been published from its filing yet.
When is the Border States Industries 401(k) match vested?
The vesting schedule for the Border States Electric Supply 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Border States Industries 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Border States Industries, Inc..
I left Border States Industries. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Border States Industries, Inc., (701) 297-3838) or the recordkeeper, Principal Life Insurance Company. The Border States Industries old 401(k) page lists the contacts from every plan filing. Find an old Border States Industries 401(k)
Data from the public Form 5500 annual reports Border States Industries filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Border States Industries. Not financial advice. Report a correction · Methodology