Plan Ledger DOL Form 5500 · updated monthly

New Belgium Brewing Company, Inc.401(k)

NEW BELGIUM BREWING COMPANY, INC. 401(K) PLAN · FORT COLLINS, CO · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

New Belgium Brewing Company, Inc. reported $181,142 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $4,024 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 0.13% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 85th-largest of 1,461 plans among Colorado employers on file, and the 1,172nd of 13,661 in manufacturing. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 889 to 1,334 since 2022.

Plan summary
Net assets, end of year$197,069,153
Participants with balances1,603
Active participants1,334
Employer contributions$5,368,216
Employee contributions$8,925,457
Employer contribution per active participant$4,024
Average account balance$122,938
Benefits paid to participants$14,994,432
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$197.1M · 1,603 accts · $5.4M emplr
2023$171.2M · 1,652 accts · $5.1M emplr
2022$117.9M · 1,028 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$134,051
Investment management$47,091
Total administrative$181,142
The New Belgium Brewing Company, Inc. 401(k) match · 2024
Employer contribution per active participant$4,024
Median for plans this size$3,635
2024$4,024 per active participant
2023$3,666 per active participant
2022$3,577 per active participant

New Belgium Brewing Company, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$134,040
RAYMOND JAMES AND ASSOCI · Investment advisory (plan)$47,134

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$181,142 · 0.10%
2023$181,033 · 0.13%
2022$166,505 · 0.13%
Same employer
Similar plansManufacturing · Colorado
Suncor Energy (U.S.A.) Inc. CO$200.3M · 0.04%
Tolmar, Inc. CO$162.8M · 0.07%
Zimmer Biomet Spine, Inc. CO$139.2M · 0.15%
Cochlear Americas CO$124.0M · 0.04%
Innospec, Inc. CO$116.5M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841225570 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.