Plan Ledger DOL Form 5500 · updated monthly

Brunswick Corporation401(k) + ESOP (KSOP)

BRUNSWICK REWARDS PLAN · METTAWA, IL · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Brunswick Corporation reported $1,019,235 in plan administrative expenses for 2024: 0.06% of average plan assets, above the peer median. Employer contributions averaged $2,957 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 0.08% to 0.06%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 54th-largest of 3,702 plans among Illinois employers on file, and the 185th of 13,661 in manufacturing. In 2024, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,811,304,786
Participants with balances14,600
Active participants9,351
Employer contributions$27,652,731
Employee contributions$53,068,422
Employer contribution per active participant$2,957
Average account balance$124,062
Benefits paid to participants$186,208,757
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.8B · 14,600 accts · $27.7M emplr
2023$1.7B · 15,216 accts · $40.9M emplr
2022$1.5B · 14,677 accts · $59.4M emplr
The Brunswick Corporation 401(k) match · 2024
Employer contribution per active participant$2,957
Median for plans this size$5,259
2024$2,957 per active participant
2023$3,972 per active participant
2022$6,051 per active participant

Brunswick Corporation's 2024 employer contribution ran below the $5,259 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 · 20244
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$654,626
VANGUARD ADVISERS INC. · Investment advisory (participants)$309,929
AON INVESTMENTS USA, INC. · Investment advisory (plan)$49,150
GRANT THORNTON LLP · Consulting$36,750

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$1,019,235 · 0.06%
2023$1,164,175 · 0.07%
2022$1,254,790 · 0.08%
All plans at this employer2
BRUNSWICK RETIREMENT SAVINGS PLAN401(k) + ESOP (KSOP)
BRUNSWICK REWARDS PLAN401(k) + ESOP (KSOP)
Same employer
Similar plansManufacturing · Illinois
S&C Electric Company IL$2.7B · 0.00%
Astellas US LLC IL$1.9B · 0.07%
Dover Corporation IL$1.9B · 0.08%
Navistar Inc. IL$1.8B · 0.04%
Kellanova IL$1.8B
Conagra Brands, Inc. IL$1.7B · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 360848180 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.