Border States Industries, Inc.ESOP
BORDER STATES INDUSTRIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN · FARGO, ND · plan year 2024
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
Border States Industries, Inc. reported $283,026 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,446 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 2 years on file its reported administrative ratio fell from 0.03% to 0.02%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other wholesale trade employers. By assets it is the 3rd-largest of 279 plans among North Dakota employers on file, and the 42nd of 4,246 in wholesale trade. active participation has grown from 2,455 to 3,196 since 2022.
Border States Industries, Inc.'s 2024 employer contribution ran above the $5,259 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 450275004 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.