Wisconsin › Manufacturing › 500 to 999 participants
Form 5500 statement · plan year 1 Jul 2024 to 30 Jun 2025
Briggs & Stratton, LLC Cash Balance Retirement Plan
Sponsored by Briggs & Stratton, LLC, Wauwatosa, WI
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Briggs & Stratton, LLC of Wauwatosa, Wisconsin sponsors Briggs & Stratton, LLC Cash Balance Retirement Plan, a cash balance pension plan. Its Form 5500 for the plan year ending 30 Jun 2025 shows 697 participants (384 active) and $9.2M in net assets.
Net assets came to $13,260 per participant, well below the $86,583 median for defined benefit plans with 500 to 999 participants and well below the $67,961 median for defined benefit plans in manufacturing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Employer contributions were $336K for the year ($875 per active participant) and benefits paid were $871K. In a defined benefit plan the employer's contribution follows funding rules rather than a match formula, so it can swing widely from year to year.
Schedule C lists 5 service provider organisations paid $5,000 or more, with reported compensation of $256K: $367 per participant, close to the same-size median of $377. Administrative expenses charged to the plan were $357K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $14.4M in 2020 to $9.2M in 2024 (down 36%), and participants from 1,003 to 697 (down 31%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $13,260 | $86,583 | $67,961 | $86,221 |
| Employer contributions per active participant | $875 | $10,758 | $6,915 | $10,244 |
| Schedule C compensation per participant | $367 | $377 | $299 | $344 |
| Schedule C compensation, share of net assets | 2.8% | 0.48% | 0.47% | 0.42% |
| Administrative expenses per participant | $513 | $591 | $498 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 500 to 999 participants (873 plans), manufacturing (1,532) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 697 | $9.2M | $13,260 | $336K | — | $256K |
| 2023 | 757 | $9.6M | $12,624 | $321K | — | $278K |
| 2022 | 820 | $10.1M | $12,332 | $24K | — | $249K |
| 2021 | 866 | $11.0M | $12,752 | — | — | $382K |
| 2020 | 1,003 | $14.4M | $14,367 | — | — | $292K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$9,555,855
- Employer contributions$336,000
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$336,000
- Total income, including investment results$915,113
- Benefits paid$871,361
- Administrative expenses$357,400
- Total expenses$1,228,761
- Net income−$313,648
- Net transfers$0
- Net assets, end of year$9,242,207
Participants
- Active participants384
- Retired or separated, receiving benefits32
- Retired or separated, entitled to future benefits252
- Total participants, end of year697
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Fid MGMT Trust Co. | Trustee (bank, trust company, or similar financial institution); Trustee (directed); Securities brokerage; Valuation (appraisals, etc.); Custodial (securities) | $155,212 | $0 |
| Fid Inv Inst Ops Co. | Actuarial; Contract Administrator; Consulting (pension); Participant communication | $36,850 | $0 |
| Mercer US LLC | Actuarial; Contract Administrator; Consulting (pension); Participant communication | $26,334 | $0 |
| Fid Inst Asset Management Co. | Investment advisory (participants); Investment advisory (plan) | $20,139 | $0 |
| Wipfli LLP | Accounting (including auditing) | $17,500 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Trustee and custodial fees$155,212
- Other administrative expenses$127,699
- Actuarial fees$36,850
- Investment advisory and management fees$20,139
- IQPA audit fees$17,500
- Total administrative expenses$357,400
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Common/collective trusts$9.1M · 98.8%
- Receivables$113K · 1.2%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmWipfli LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $10,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1ABenefits are primarily pay related1BBenefits are primarily flat dollar (includes dollars per year of service)1CCash balance or similar plan1IFrozen plan3HPlan sponsor(s) is (are) a member(s) of a controlled group
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 333610: Engine, Turbine & Power Transmission Equipment Mfg.
Other plans of Briggs & Stratton, LLC
| Plan | Participants | Net assets |
|---|---|---|
| Briggs & Stratton, LLC 401(k) Plan | 4,127 | $227M |
Similar plans in Wisconsin
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Thermotron Employees Retirement Plan | Venturedyne Ltd. | 764 | $37.9M | $49,622 |
| Neenah Consolidated Pension Plan | Neenah Foundry Company | 686 | $42.6M | $62,109 |
| American Water Heater Company Pension Plan for the Johnson City, Tennessee Manufacturing Bargaining Unit | A.O. Smith Corporation | 845 | $18.3M | $21,638 |
| Enerpac Tool Group Retirement Plan | Enerpac Tool Group | 656 | $27.5M | $41,955 |
| Twin Disc, Inc. Combined Retirement Plan for Racine Hourly and Salaried Employees | Twin Disc, Incorporated | 851 | $51.4M | $60,435 |
| Schreiber Foods, Inc. Employees Retirement Pension Plan | Schreiber Foods, Inc. | 583 | $48.2M | $82,650 |
Defined benefit plans in manufacturing closest in size.
Questions and answers
How big is Briggs & Stratton, LLC Cash Balance Retirement Plan?
697 participants at the end of the plan year ending 30 Jun 2025, of whom 384 were active employees, with net assets of $9,242,207. Among defined benefit plans that places it in the 500 to 999 participants band, which held 873 plans in plan year 2024.
What does Briggs & Stratton, LLC contribute per participant?
The filing reports $336,000 in employer contributions for the year, which is $875 per active participant; the median for plans of the same type and size was $10,758 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $256,035 in compensation to service provider organisations, $367 per participant or 2.8% of net assets. The same-size median among plans reporting any Schedule C compensation was $377 per participant. Administrative expenses on Schedule H were $357,400. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Briggs & Stratton, LLC. Recordkeeping or administration: Fid Inv Inst Ops Co. and Mercer US LLC. Investment advisory or management: Fid Inst Asset Management Co.. Trustee or custodian: Fid MGMT Trust Co.. The financial statements were audited by Wipfli LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jul 2024 to 30 Jun 2025, received by the Department of Labor on 15 Apr 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 85-2711260, plan 006, received 15 Apr 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.