Plan Ledger DOL Form 5500 · updated monthly

Brakebush Brothers, Inc.401(k)

BRAKEBUSH BROTHERS, INC. EMPLOYEES SAVINGS & RETIREMENT PLAN · WESTFIELD, WI · plan year 2023

Reported admin expense ratio · 2023
0.25%

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

Brakebush Brothers, Inc. reported $269,020 in plan administrative expenses for 2023: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,892 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 1 year on file its reported administrative ratio fell from 0.28% to 0.25%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 206th-largest of 1,936 plans among Wisconsin employers on file, and the 1,685th of 13,661 in manufacturing. In 2023, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$117,722,675
Participants with balances2,611
Active participants2,081
Employer contributions$3,937,728
Employee contributions$8,082,550
Employer contribution per active participant$1,892
Average account balance$45,087
Benefits paid to participants$8,478,210
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$117.7M · 2,611 accts · $3.9M emplr
2022$96.5M · 2,716 accts · $3.7M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$196,272
Investment management$72,748
Total administrative$269,020
The Brakebush Brothers, Inc. 401(k) match · 2023
Employer contribution per active participant$1,892
Median for plans this size$3,659
2023$1,892 per active participant
2022$1,675 per active participant

Brakebush Brothers, Inc.'s 2023 employer contribution ran below the $3,659 median for plans its size, in the bottom 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.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ONEAMERICA RETIREMENT SERVICES, LLC · Recordkeeping · Loan processing$196,272
FRANCIS INVESTMENT COUNSEL LLC · Investment management$72,748
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Administrative cost history2
2023$269,020 · 0.25%
2022$294,168 · 0.28%
Similar plansManufacturing · Wisconsin
Fiskars Brands, Inc. WI$122.2M · 0.17%
Schwabe North America WI$120.4M · 0.11%
The Vollrath Company, LLC WI$120.1M · 0.16%
Chr. Hansen, Inc. WI$115.0M · 0.21%
Lakeside Foods, Inc. WI$113.7M · 0.32%
Fairbanks Morse, LLC WI$112.7M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391625450 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.