Plan Ledger DOL Form 5500 · updated monthly

Boston Beer Corporation401(k)

BOSTON BEER COMPANY 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.06%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Boston Beer Corporation reported $197,333 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $3,456 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 0.10% to 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 154th-largest of 2,726 plans among Massachusetts employers on file, and the 747th of 13,661 in manufacturing. In 2024, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$353,394,379
Participants with balances3,027
Active participants2,589
Employer contributions$8,946,676
Employee contributions$18,540,829
Employer contribution per active participant$3,456
Average account balance$116,747
Benefits paid to participants$20,868,699
Plan auditUnmodified (clean) audit opinion
AuditorDELOITTE & TOUCHE
Plan history3
Yearassets · accounts · employer contribution
2024$353.4M · 3,027 accts · $8.9M emplr
2023$290.5M · 3,105 accts · $8.9M emplr
2022$223.4M · 3,076 accts · $7.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$95,872
Investment management$22,252
Audit (IQPA)$78,852
Total administrative$197,333
The Boston Beer Corporation 401(k) match · 2024
Employer contribution per active participant$3,456
Median for plans this size$4,294
2024$3,456 per active participant
2023$3,404 per active participant
2022$2,905 per active participant

Boston Beer Corporation's 2024 employer contribution ran below the $4,294 median for plans its size. 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
DELOITTE & TOUCHE LLP · Accounting / audit$132,385
MMA SECURITIES LLC · Investment advisory (plan)$37,358
QDRO CONSULTANTS CO LLC$600

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$197,333 · 0.06%
2023$107,469 · 0.04%
2022$250,660 · 0.10%
Same employer
Similar plansManufacturing · Massachusetts
Bruker Corporation MA$403.3M · 0.16%
The Gillette Company LLC MA$380.8M · 0.02%
Sappi North America, Inc. MA$376.8M · 0.04%
Sensata Technologies, Inc. MA$321.5M · 0.07%
Ipg Photonics Corporation MA$288.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043537265 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.