Civic Intelligence

Borgic Farms Inc.

Plan context: Borgic Farms Inc. 401(K) Plan

EIN 37-0977157 • Raymond, IL • 18 filings • 2 plans

112 S. McgownRaymond, IL 62560
Current Snapshot

Latest Year

2024

2024 Participants

84

2024 Assets

$1,743,380

2024 Contributions

$397,473

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$1,889,734$944,867$0201620202024YearValue
$1,743,380Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

84420201620202024YearValue
84Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024284$1,743,380$397,473$4,732iApproximate average salary by contribution assumption: employee only about $118,296 at 4% or $78,864 at 6%; with 50% employer match about $78,864 at 4% or $52,576 at 6%; with 100% employer match about $59,148 at 4% or $39,432 at 6%.
Borgic Farms Inc. 401(K) Plan-84$1,450,638$397,473$4,732iApproximate average salary by contribution assumption: employee only about $118,296 at 4% or $78,864 at 6%; with 50% employer match about $78,864 at 4% or $52,576 at 6%; with 100% employer match about $59,148 at 4% or $39,432 at 6%.
BORGIC FARMS, INC. CASH BALANCE PLAN-65$292,742$0-
2023281$1,321,456$1,040,369$12,844iApproximate average salary by contribution assumption: employee only about $321,102 at 4% or $214,068 at 6%; with 50% employer match about $214,068 at 4% or $142,712 at 6%; with 100% employer match about $160,551 at 4% or $107,034 at 6%.
Borgic Farms Inc. 401(K) Plan-81$1,053,213$360,369$4,449iApproximate average salary by contribution assumption: employee only about $111,225 at 4% or $74,150 at 6%; with 50% employer match about $74,150 at 4% or $49,433 at 6%; with 100% employer match about $55,613 at 4% or $37,075 at 6%.
BORGIC FARMS, INC. CASH BALANCE PLAN-71$268,243$680,000$9,577iApproximate average salary by contribution assumption: employee only about $239,437 at 4% or $159,624 at 6%; with 50% employer match about $159,624 at 4% or $106,416 at 6%; with 100% employer match about $119,718 at 4% or $79,812 at 6%.
2022263$1,758,645$832,353$13,212iApproximate average salary by contribution assumption: employee only about $330,299 at 4% or $220,199 at 6%; with 50% employer match about $220,199 at 4% or $146,799 at 6%; with 100% employer match about $165,149 at 4% or $110,100 at 6%.
BORGIC FARMS, INC. CASH BALANCE PLAN-52$1,081,331$544,651$10,474iApproximate average salary by contribution assumption: employee only about $261,851 at 4% or $174,568 at 6%; with 50% employer match about $174,568 at 4% or $116,378 at 6%; with 100% employer match about $130,926 at 4% or $87,284 at 6%.
Borgic Farms Inc. 401(K) Plan-63$677,314$287,702$4,567iApproximate average salary by contribution assumption: employee only about $114,167 at 4% or $76,112 at 6%; with 50% employer match about $76,112 at 4% or $50,741 at 6%; with 100% employer match about $57,084 at 4% or $38,056 at 6%.
2021267$1,214,765$566,173$8,450iApproximate average salary by contribution assumption: employee only about $211,259 at 4% or $140,839 at 6%; with 50% employer match about $140,839 at 4% or $93,893 at 6%; with 100% employer match about $105,629 at 4% or $70,420 at 6%.
Borgic Farms Inc. 401(K) Plan-67$625,662$243,247$3,631iApproximate average salary by contribution assumption: employee only about $90,764 at 4% or $60,509 at 6%; with 50% employer match about $60,509 at 4% or $40,339 at 6%; with 100% employer match about $45,382 at 4% or $30,255 at 6%.
BORGIC FARMS, INC. CASH BALANCE PLAN-56$589,103$322,926$5,767iApproximate average salary by contribution assumption: employee only about $144,163 at 4% or $96,109 at 6%; with 50% employer match about $96,109 at 4% or $64,073 at 6%; with 100% employer match about $72,082 at 4% or $48,054 at 6%.
2020253$621,979$137,665$2,597iApproximate average salary by contribution assumption: employee only about $64,936 at 4% or $43,291 at 6%; with 50% employer match about $43,291 at 4% or $28,861 at 6%; with 100% employer match about $32,468 at 4% or $21,645 at 6%.
Borgic Farms Inc. 401(K) Plan-53$372,968$137,665$2,597iApproximate average salary by contribution assumption: employee only about $64,936 at 4% or $43,291 at 6%; with 50% employer match about $43,291 at 4% or $28,861 at 6%; with 100% employer match about $32,468 at 4% or $21,645 at 6%.
BORGIC FARMS, INC. CASH BALANCE PLAN-36$249,011--
2019233$1,889,734$331,655$10,050iApproximate average salary by contribution assumption: employee only about $251,254 at 4% or $167,503 at 6%; with 50% employer match about $167,503 at 4% or $111,668 at 6%; with 100% employer match about $125,627 at 4% or $83,751 at 6%.
BORGIC FARMS, INC. CASH BALANCE PLAN-31$1,665,925$139,384$4,496iApproximate average salary by contribution assumption: employee only about $112,406 at 4% or $74,938 at 6%; with 50% employer match about $74,938 at 4% or $49,958 at 6%; with 100% employer match about $56,203 at 4% or $37,469 at 6%.
Borgic Farms Inc. 401(K) Plan-33$223,809$192,271$5,826iApproximate average salary by contribution assumption: employee only about $145,660 at 4% or $97,107 at 6%; with 50% employer match about $97,107 at 4% or $64,738 at 6%; with 100% employer match about $72,830 at 4% or $48,553 at 6%.
2018224$1,778,123$635,409$26,475iApproximate average salary by contribution assumption: employee only about $661,884 at 4% or $441,256 at 6%; with 50% employer match about $441,256 at 4% or $294,171 at 6%; with 100% employer match about $330,942 at 4% or $220,628 at 6%.
BORGIC FARMS, INC. CASH BALANCE PLAN-24$1,373,581$469,690$19,570iApproximate average salary by contribution assumption: employee only about $489,260 at 4% or $326,174 at 6%; with 50% employer match about $326,174 at 4% or $217,449 at 6%; with 100% employer match about $244,630 at 4% or $163,087 at 6%.
Borgic Farms Inc. 401(K) Plan-23$404,542$165,719$7,205iApproximate average salary by contribution assumption: employee only about $180,129 at 4% or $120,086 at 6%; with 50% employer match about $120,086 at 4% or $80,057 at 6%; with 100% employer match about $90,065 at 4% or $60,043 at 6%.
2017224$1,253,207$656,727$27,364iApproximate average salary by contribution assumption: employee only about $684,091 at 4% or $456,060 at 6%; with 50% employer match about $456,060 at 4% or $304,040 at 6%; with 100% employer match about $342,045 at 4% or $228,030 at 6%.
BORGIC FARMS, INC. CASH BALANCE PLAN-24$969,775$471,296$19,637iApproximate average salary by contribution assumption: employee only about $490,933 at 4% or $327,289 at 6%; with 50% employer match about $327,289 at 4% or $218,193 at 6%; with 100% employer match about $245,467 at 4% or $163,644 at 6%.
Borgic Farms Inc. 401(K) Plan-22$283,432$185,431$8,429iApproximate average salary by contribution assumption: employee only about $210,717 at 4% or $140,478 at 6%; with 50% employer match about $140,478 at 4% or $93,652 at 6%; with 100% employer match about $105,359 at 4% or $70,239 at 6%.
2016226$553,806$38,223$1,470iApproximate average salary by contribution assumption: employee only about $36,753 at 4% or $24,502 at 6%; with 50% employer match about $24,502 at 4% or $16,335 at 6%; with 100% employer match about $18,376 at 4% or $12,251 at 6%.
BORGIC FARMS, INC. CASH BALANCE PLAN-26$462,174$29,282$1,126iApproximate average salary by contribution assumption: employee only about $28,156 at 4% or $18,771 at 6%; with 50% employer match about $18,771 at 4% or $12,514 at 6%; with 100% employer match about $14,078 at 4% or $9,385 at 6%.
Borgic Farms Inc. 401(K) Plan-21$91,632$8,941$426iApproximate average salary by contribution assumption: employee only about $10,644 at 4% or $7,096 at 6%; with 50% employer match about $7,096 at 4% or $4,731 at 6%; with 100% employer match about $5,322 at 4% or $3,548 at 6%.