Plan Ledger DOL Form 5500 · updated monthly

Brown Distributing Company, LLC401(k)

BROWN DISTRIBUTING COMPANY EMPLOYEE THRIFT PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Brown Distributing Company, LLC reported $70,377 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,226 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 3 years on file its reported administrative ratio has held roughly steady near 0.61%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Virginia (1,348th of 2,266), and the 1,047th of 2,677 in transportation & warehousing. In 2024, employees put in $2.60 for every $1.00 the employer contributed; active participation has shrunk from 223 to 174 since 2022.

Plan summary
Net assets, end of year$11,875,868
Participants with balances275
Active participants174
Employer contributions$213,347
Employee contributions$555,180
Employer contribution per active participant$1,226
Average account balance$43,185
Benefits paid to participants$1,747,105
Plan auditUnmodified (clean) audit opinion
AuditorPARKS & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$11.9M · 275 accts · $213K emplr
2023$11.3M · 309 accts · $172K emplr
2022$10.1M · 402 accts · $216K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,215
Investment management$162
Total administrative$70,377
The Brown Distributing Company, LLC 401(k) match · 2024
Employer contribution per active participant$1,226
Median for plans this size$2,416
2024$1,226 per active participant
2023$872 per active participant
2022$968 per active participant

Brown Distributing Company, LLC'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 · 20245
EMPOWER ADVISORY GROUP LLC · Investment management$12,106
ASCENSUS HOLDINGS INC · Contract administrator$8,905
AMERIPRISE FINANCIAL SERVICES LLCindirect 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$70,377 · 0.61%
2023$81,081 · 0.76%
2022$74,835 · 0.58%
Same employer
Similar plansTransportation & Warehousing · Virginia
Aem, Inc. VA$18.6M · 0.36%
Priority One Services, Inc. VA$17.4M · 0.74%
Norfolk Tug Company VA$13.8M · 0.46%
Interchange Group, Inc. VA$9.8M · 0.36%
Avmac, LLC VA$7.8M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 540568406 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.