Plan Ledger DOL Form 5500 · updated monthly

Brooklyn Brewery Corp.401(k)

BROOKLYN BREWERY CORP. 401(K) PROFIT SHARING PLAN AND TRUST · BROOKLYN, NY · plan year 2023

Reported admin expense ratio · 2023
0.63%

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

Brooklyn Brewery Corp. reported $60,378 in plan administrative expenses for 2023: 0.63% of average plan assets, above the peer median. Employer contributions averaged $2,956 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 rose from 0.52% to 0.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (3,624th of 5,648), and 8,830th of 13,661 in manufacturing. In 2023, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,905,273
Participants with balances67
Active participants54
Employer contributions$159,635
Employee contributions$373,413
Employer contribution per active participant$2,956
Average account balance$147,840
Benefits paid to participants$1,155,218
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM LLP
Plan history2
Yearassets · accounts · employer contribution
2023$9.9M · 67 accts · $160K emplr
2022$9.2M · 104 accts · $140K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$33,214
Investment management$27,164
Total administrative$60,378
The Brooklyn Brewery Corp. 401(k) match · 2023
Employer contribution per active participant$2,956
Median for plans this size$1,308
2023$2,956 per active participant
2022$2,638 per active participant

Brooklyn Brewery Corp.'s 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$26,863
EMPOWER ADVISORY GROUP, LLC · Investment management$301

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$60,378 · 0.63%
2022$53,663 · 0.52%
Similar plansManufacturing · New York
Mpi Incorporated NY$10.0M · 0.34%
Makerbot Industries Inc NY$10.0M · 0.14%
Mwi, Inc. NY$9.9M · 0.43%
Hyzon Motors USA, Inc. NY$9.9M · 0.66%
Mackenzie-Childs, LLC NY$9.7M · 0.48%
Eb Golf Media LLC NY$9.5M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113340913 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.