Plan Ledger DOL Form 5500 · updated monthly

C.N. Brown Company401(k)

C.N. BROWN CO. 401(K) PLAN · SOUTH PARIS, ME · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

C.N. Brown Company reported $81,628 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $718 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 0.39% to 0.60%. 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 among the smaller plans on file in Maine (187th of 354), and 2,408th of 4,246 in wholesale trade. In 2024, employees put in $2.47 for every $1.00 the employer contributed; active participation has grown from 534 to 623 since 2022.

Plan summary
Net assets, end of year$14,565,358
Participants with balances612
Active participants623
Employer contributions$447,323
Employee contributions$1,102,672
Employer contribution per active participant$718
Average account balance$23,800
Benefits paid to participants$1,164,669
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 612 accts · $447K emplr
2023$12.8M · 571 accts · $398K emplr
2022$11.2M · 492 accts · $348K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,722
Investment management$33,906
Total administrative$81,628
The C.N. Brown Company 401(k) match · 2024
Employer contribution per active participant$718
Median for plans this size$2,416
2024$718 per active participant
2023$652 per active participant
2022$652 per active participant

C.N. Brown Company'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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$27,195
EMPOWER ADVISORY GROUP, LLC · Investment management$6,711

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$81,628 · 0.60%
2023$54,791 · 0.46%
2022$49,694 · 0.39%
Same employer
Similar plansWholesale Trade · Maine
Butler Bros. ME$17.2M · 0.31%
W.D. Matthews Machinery Co. ME$14.7M · 0.07%
R. H. Foster Energy, LLC ME$14.6M · 0.72%
National Distributors, Inc. ME$14.1M · 0.42%
Central Distributors, Inc. ME$10.9M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010203275 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.