Plan Ledger DOL Form 5500 · updated monthly

Budweiser-Busch Distributing Company, Inc.401(k)

BUDWEISER-BUSCH DISTRIBUTION CO. INC. 401(K) PROFIT SHARING PLAN · MOBILE, AL · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Budweiser-Busch Distributing Company, Inc. reported $47,162 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $651 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 0.42% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 333rd-largest of 902 plans among Alabama employers on file, and 2,149th of 4,246 in wholesale trade. In 2024, employees put in $3.99 for every $1.00 the employer contributed; active participation has grown from 100 to 143 since 2022.

Plan summary
Net assets, end of year$17,103,475
Participants with balances125
Active participants143
Employer contributions$93,099
Employee contributions$371,296
Employer contribution per active participant$651
Average account balance$136,828
Benefits paid to participants$302,079
Plan auditUnmodified (clean) audit opinion
AuditorSMITH, DUKES & BUCKALEW, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.1M · 125 accts · $93K emplr
2023$14.1M · 117 accts · $123K emplr
2022$11.5M · 117 accts · $115K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,170
Total administrative$47,162
The Budweiser-Busch Distributing Company, Inc. 401(k) match · 2024
Employer contribution per active participant$651
Median for plans this size$2,416
2024$651 per active participant
2023$1,190 per active participant
2022$1,151 per active participant

Budweiser-Busch Distributing Company, Inc.'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 · 20242
MITCHELL MCLEOD PUGH & WILLIAMS INC · Investment management$15,618

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$47,162 · 0.30%
2023$53,142 · 0.42%
2022$57,793 · 0.42%
Same employer
Similar plansWholesale Trade · Alabama
McGriff Industries, Inc. AL$19.7M · 0.26%
Red Diamond, Inc. AL$15.9M · 0.48%
Gabriella White, LLC AL$13.4M · 0.62%
Sabel Steel Service, Inc. AL$13.1M · 0.48%
Turner Supply Company AL$13.0M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630498766 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.