Plan Ledger DOL Form 5500 · updated monthly

Braun Corporation401(k)

BRAUN CORPORATION PROFIT SHARING AND 401(K) PLAN · CARMEL, IN · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Braun Corporation reported $199,265 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $3,906 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 0.25% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 124th-largest of 1,562 plans among Indiana employers on file, and the 1,635th of 13,661 in manufacturing. In 2024, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$122,807,456
Participants with balances1,808
Active participants1,438
Employer contributions$5,616,228
Employee contributions$9,613,335
Employer contribution per active participant$3,906
Average account balance$67,924
Benefits paid to participants$15,106,049
Plan auditUnmodified (clean) audit opinion
AuditorARMSTRONG & REIST CPA'S LLP
Plan history3
Yearassets · accounts · employer contribution
2024$122.8M · 1,808 accts · $5.6M emplr
2023$107.2M · 1,845 accts · $5.4M emplr
2022$90.2M · 1,769 accts · $4.6M emplr
Administrative expenses, itemized · 2024
Investment management$199,265
Total administrative$199,265
The Braun Corporation 401(k) match · 2024
Employer contribution per active participant$3,906
Median for plans this size$3,635
2024$3,906 per active participant
2023$3,584 per active participant
2022$3,069 per active participant

Braun Corporation's 2024 employer contribution ran above the $3,635 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
EDWARD JONES · Recordkeeping · Trustee$161,730
MESIROW FINANCIAL INVESTMENT MANAGE · Recordkeeping · Trustee$28,234
ARMSTRONG & REIST CPAS, LLP · Recordkeeping · Pension consulting$9,300
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ARMSTRONG & REIST CPAS, LLP, Edward Jones, MESIROW FINANCIAL INVESTMENT MANAGE
2023ARMSTRONG & REIST CPAS, LLP, Edward Jones, MESIROW FINANCIAL INVESTMENT MANAGE

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Administrative cost history3
2024$199,265 · 0.17%
2023$172,517 · 0.17%
2022$240,717 · 0.25%
Same employer
Similar plansManufacturing · Indiana
Kirby Risk Corporation IN$129.4M · 0.13%
Steel Warehouse Company LLC IN$128.1M · 0.36%
Forest River, Inc. IN$126.3M · 0.25%
Haynes International, Inc. IN$123.3M · 0.18%
Hitachi Astemo Indiana, Inc. IN$120.5M · 0.22%
Dwyer Instruments, Inc. IN$117.6M · 0.24%
Ofs Brands Holdings, Inc. IN$112.8M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351282638 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.