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Original filing (PDF)20250714151332NAL0000782515002

BADGER METER, INC.

Form 5500
FILING_RECEIVED
BADGER METER EMPLOYEE SAVINGS AND STOCK OWNERSHIP PLAN
401(k) retirement plan
Signals · 2
16% employer stockNo recordkeeper disclosed
Active participants
916
Accounts w/ balance
1,182
Plan assets (EOY)
$217.8M
Net assets (EOY)
$217.8M
How this plan invests
This plan
1 pooled trust
Schedule D
45 securities
funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)
96
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
88
Total plan cost
100
Vendor stack
80
Participation health
100
Knocking points off
  • 16% of plan in employer / sponsor stock.
  • No recordkeeper disclosed on Schedule C.
Helping the score
  • Below-peer total fees (7 bps vs 10 bps peer median).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BADGER METER, INC..
Plan sponsor
Name
BADGER METER, INC.
EIN
39-0143280
Address
4545 WEST BROWN DEER ROAD · PO BOX 245036 · MILWAUKEE, WI · 532249536
Phone
(414) 355-0400
Industry
Manufacturingsee all
Plan administrator
Name
BADGER METER EMPLOYEE BENEFITS
EIN
39-1243311
City
MILWAUKEE, WI
Phone
(414) 355-0400
Plan characteristics
Plan number
009
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-07-14
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2O · ESOP (non-leveraged)
2S · Automatic enrollment
2T · Default investment account (QDIA)
3I · Requires investment in employer securities
Audit & trust (Schedule H)
Auditor
WIPFLI LLP
Trustee / custodian
Trustee phone

Service providers (Schedule C)

2 rows
Other
2
NameEINLocationRelationDirect compIndirect comp
SCHWAB RETIREMENT PLAN SERVICES,INC34-1479833NONE$90K
CAP FINANCIAL PARTNERS LLC26-0058143NONE$61K

Investments

36 direct securities · 1 pooled fund· $289.2M(100% of reported assets)

Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.

Uncategorized
$283.9M
36 holdings
Common Collective Trust
$5.3M
1 holding
PIInvestmentTypeShares / unitsCostCurrent value% of plan
BADGER METER STOCK FUND Employer Securities$55.8M25.6%
Badger Meter, Inc. Common Stock Fund Common Stock$55.0M25.3%
Fidelity Freedom 2030 Mutual Fund$21.9M10.0%
BLENDED STABLE VALUE FUND Insurance$16.5M7.6%
Vanguard Institutional Index Fund Mutual Fund$15.5M7.1%
Fidelity Freedom 2040 Mutual Fund$15.1M6.9%
General Empower Annuity Insurance Company Guaranteed Income Investment Fund Account$14.6M6.7%
JPMorgan Large Cap Growth R6 Mutual Fund$12.3M5.7%
Fidelity Freedom 2050 Mutual Fund$9.0M4.1%
Fidelity Freedom 2020 Mutual Fund$8.0M3.7%
Baird Core Plus Bond Fund Mutual Fund$6.7M3.1%
VANGUARD SM CAP VAL INDEX INST Registered Investment Company$5.7M2.6%
MFS MID CAP GROWTH FUND CT Common Collective Trust Fund$5.3M2.4%
MFS HTG TR CO CIT MFS MCG FD
MFS HERITAGE TRUST COMPANY · EIN 57-1187281 / PN 002
Common Collective Trust
$5.3M2.4%
Dodge & Cox Stock Fund Mutual Fund$4.9M2.2%
Vanguard Explorer Fund Mutual Fund$4.6M2.1%
Vanguard Mid-Cap Value Index Fund Mutual Fund$3.7M1.7%
Fidelity Freedom 2010 Mutual Fund$2.9M1.3%
Vanguard Mid-Cap Index Fund Mutual Fund$2.9M1.3%
Vanguard International Growth Fund Mutual Fund$2.7M1.3%
VANGUARD DEVELOPED MKT IDX ADM Registered Investment Company$2.7M1.2%
Fidelity Freedom 2035 Mutual Fund$2.1M0.9%
Fidelity Freedom 2045 Mutual Fund$2.0M0.9%
Vanguard FTSE Social Index Fund Mutual Fund$1.9M0.9%
General Investment Galliard Stable Value Fund C Account$1.8M0.8%
Fidelity Freedom 2025 Mutual Fund$1.8M0.8%
Fidelity Freedom 2060 Mutual Fund$1.7M0.8%
Fidelity Freedom 2055 Mutual Fund$1.6M0.8%
Vanguard Small-Cap Index Mutual Fund$1.5M0.7%
2029. Loans 0$1.1M0.5%
State Street Master Funds - U.S. Government Money Market Cash Equivalent$822K0.4%
Vanguard Total Bond Market Index Fund Mutual Fund$540K0.2%
Fidelity Freedom 2015 Mutual Fund$473K0.2%
Vanguard Cash Reserves Federal Money Market Fund Cash Equivalent$267K0.1%
Fidelity Freedom 2065 Mutual Fund$94K<0.1%
VANGUARD EMRG MKTS INDEX ADM Registered Investment Company$91K<0.1%
Fidelity Freedom Income Mutual Fund$8K<0.1%