Joint Board of Trustees401(k)
DETROIT BREWERS AND DISTRIBUTORS 401(K) PLAN AND TRUST AGREEMENT · ROCHESTER, MI · plan year 2023
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Joint Board of Trustees reported $143,891 in plan administrative expenses for 2023: 0.37% of average plan assets, above the peer median. Employer contributions averaged $2,244 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 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 615th-largest of 2,619 plans among Michigan employers on file, and the 1,021st of 4,246 in wholesale trade. In 2023, the employer put in $2.21 for every $1.00 employees contributed themselves.
Joint Board of Trustees's 2023 employer contribution ran below the $2,440 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
This plan has changed recordkeepers within these filings. If you left Joint Board of Trustees before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
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Source: U.S. Department of Labor, Form 5500 series, EIN 382094732 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.