Plan Ledger DOL Form 5500 · updated monthly

New Holland Brewing Company, LLC401(k)

NEW HOLLAND BREWING 401(K) PLAN · HOLLAND, MI · plan year 2024

Reported admin expense ratio · 2024
0.76%

New Holland Brewing Company, LLC reported $40,837 in plan administrative expenses for 2024: 0.76% of average plan assets, above the peer median. 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 0.81% to 0.76%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,927th of 2,619), and 10,823rd of 13,661 in manufacturing. active participation has grown from 257 to 330 since 2022.

Plan summary
Net assets, end of year$5,758,598
Participants with balances119
Active participants330
Employer contributions—
Employee contributions$402,069
Employer contribution per active participant—
Average account balance$48,392
Benefits paid to participants$364,361
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 119 accts
2023$5.0M · 122 accts · $287 emplr
2022$4.1M · 192 accts · $221K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,087
Investment management$2,750
Total administrative$40,837
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 · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,650

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$40,837 · 0.76%
2023$39,157 · 0.86%
2022$34,391 · 0.81%
Same employer
Similar plansManufacturing · Michigan
Schwab Industries, Inc. MI$5.9M · 1.40%
Cup Acquisition, LLC MI$5.9M · 0.37%
Gnutti Carlo USA, Inc. MI$5.8M · 0.18%
Portland Products, Inc. MI$5.7M · 0.02%
Ifr, Inc. MI$5.7M · 0.65%
L C Manufacturing, LLC MI$5.5M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383320006 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.