Plan Ledger DOL Form 5500 · updated monthly

Brown Industries, LLC401(k)

BROWN INDUSTRIES, LLC 401(K) PLAN · LAWRENCE, KS · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Brown Industries, LLC reported $49,618 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $2,953 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 0.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Kansas (574th of 828), and 9,940th of 13,661 in manufacturing. In 2024, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,413,576
Participants with balances119
Active participants88
Employer contributions$259,873
Employee contributions$456,841
Employer contribution per active participant$2,953
Average account balance$62,299
Benefits paid to participants$886,578
Plan auditUnmodified (clean) audit opinion
AuditorALLEN, GIBBS & HOULIK, L.C.
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 119 accts · $260K emplr
2023$6.9M · 120 accts · $228K emplr
2022$5.5M · 114 accts · $162K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,562
Investment management$34,056
Total administrative$49,618
The Brown Industries, LLC 401(k) match · 2024
Employer contribution per active participant$2,953
Median for plans this size$1,313
2024$2,953 per active participant
2023$2,681 per active participant
2022$1,999 per active participant

Brown Industries, LLC's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$15,562
SAGEVIEW ADVISORY GROUP · Investment advisory (plan)$34,056

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$49,618 · 0.69%
2023$42,675 · 0.69%
2022$40,607 · 0.67%
Same employer
Similar plansManufacturing · Kansas
Kocher + Beck USA, L.P. KS$8.3M · 0.31%
Wichita Kenworth, Inc. KS$8.1M · 0.60%
Scott Specialties, Inc. KS$8.0M · 0.41%
Pkm Steel Service, Inc. KS$6.9M · 0.69%
Chance Rides, LLC KS$6.8M · 0.50%
Cashco, Inc. KS$6.6M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261600832 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.