Plan Ledger DOL Form 5500 · updated monthly

Brown Stove Works, Inc.401(k)

BROWN STOVE WORKS, INC. 401(K) PLAN · CLEVELAND, TN · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Brown Stove Works, Inc. reported $1,013 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,968 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 rose from 0.006% to 0.008%. 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 among the smaller plans on file in Tennessee (757th of 1,496), and 7,863rd of 13,661 in manufacturing. In 2024, employees put in $1.18 for every $1.00 the employer contributed; active participation has shrunk from 58 to 38 since 2022.

Plan summary
Net assets, end of year$12,524,974
Participants with balances55
Active participants38
Employer contributions$74,800
Employee contributions$88,458
Employer contribution per active participant$1,968
Average account balance$227,727
Benefits paid to participants$768,451
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.5M · 55 accts · $75K emplr
2023$11.6M · 59 accts · $73K emplr
2022$10.4M · 58 accts · $80K emplr
The Brown Stove Works, Inc. 401(k) match · 2024
Employer contribution per active participant$1,968
Median for plans this size$2,416
2024$1,968 per active participant
2023$1,272 per active participant
2022$1,378 per active participant

Brown Stove Works, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$1,013

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$1,013 · 0.01%
2023$1,050 · 0.01%
2022$638 · 0.01%
Similar plansManufacturing · Tennessee
Pattison Sign Group, Inc. TN$13.2M · 0.75%
Nkc of America Inc TN$12.9M · 0.09%
Oliver Technologies, Inc. TN$12.6M · 0.59%
Intersign Corporation TN$12.5M · 0.38%
Jeffrey Chain, L.P. TN$12.2M · 0.06%
Aesseal Inc. TN$12.1M · 0.51%
Superior Steel, Inc. TN$12.0M · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620142150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.