Plan Ledger DOL Form 5500 · updated monthly

Brotherhood Mutual Insurance Company401(k)

BROTHERHOOD MUTUAL INSURANCE COMPANY 401(K) PLAN · FORT WAYNE, IN · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Brotherhood Mutual Insurance Company reported $12,018 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,362 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 0.02% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 176th-largest of 1,562 plans among Indiana employers on file, and the 1,121st of 4,798 in finance & insurance. In 2024, employees put in $1.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$86,078,573
Participants with balances748
Active participants649
Employer contributions$3,480,017
Employee contributions$4,350,146
Employer contribution per active participant$5,362
Average account balance$115,078
Benefits paid to participants$9,068,925
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$86.1M · 748 accts · $3.5M emplr
2023$75.9M · 752 accts · $3.2M emplr
2022$60.8M · 708 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Investment management$27,570
Total administrative$12,018
The Brotherhood Mutual Insurance Company 401(k) match · 2024
Employer contribution per active participant$5,362
Median for plans this size$3,635
2024$5,362 per active participant
2023$4,913 per active participant
2022$4,669 per active participant

Brotherhood Mutual Insurance Company'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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$27,570
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$12,018 · 0.01%
2023$10,667 · 0.02%
2022$15,438 · 0.02%
Same employer
Similar plansFinance & Insurance · Indiana
Everwise Credit Union IN$94.1M · 0.23%
Forum Credit Union IN$62.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350198580 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.