Plan Ledger DOL Form 5500 · updated monthly

Braun Industries, Inc.401(k)

BRAUN INDUSTRIES, INC. 401(K) PLAN · VAN WERT, OH · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Braun Industries, Inc. reported $110,308 in plan administrative expenses for 2024: 0.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,115 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 0.94% to 0.70%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,496th-largest of 3,295 plans among Ohio employers on file, and the 6,587th of 13,661 in manufacturing. In 2024, employees put in $2.59 for every $1.00 the employer contributed; active participation has grown from 308 to 627 since 2022.

Plan summary
Net assets, end of year$16,942,052
Participants with balances612
Active participants627
Employer contributions$698,850
Employee contributions$1,809,808
Employer contribution per active participant$1,115
Average account balance$27,683
Benefits paid to participants$2,143,195
Plan auditUnmodified (clean) audit opinion
AuditorBADEN, GAGE & SCHROEDER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$16.9M · 612 accts · $699K emplr
2023$14.6M · 535 accts · $662K emplr
2022$9.0M · 375 accts · $376K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,920
Investment management$45,086
Audit (IQPA)$10,500
Trustee / custodial$2,802
Total administrative$110,308
The Braun Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,115
Median for plans this size$2,416
2024$1,115 per active participant
2023$1,153 per active participant
2022$1,220 per active participant

Braun Industries, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
KT ADMINISTRATORS LLC · Recordkeeping$51,240
SYM FINANCIAL$45,086
BADEN, GAGE & SCHROEDER,LLC · Accounting / audit$10,500

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

Recordkeeper by year2
2024KT ADMINISTRATORS LLC
2023RIVERSEDGE ADV RET SOLUTIONS LLC

This plan has changed recordkeepers within these filings. If you left Braun Industries, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$110,308 · 0.70%
2023$74,635 · 0.63%
2022$90,971 · 0.94%
Same employer
Similar plansManufacturing · Ohio
Weaver Leather LLC OH$17.2M · 0.35%
Feldkamp Enterprises, Inc. OH$17.2M · 0.33%
Delta Systems, Inc. OH$17.1M · 0.46%
Dinesol Plastics, Inc. OH$16.3M · 0.56%
Astro Shapes LLC OH$16.3M · 0.18%
Pacific Industries USA OH$16.3M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310792103 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.