Plan Ledger DOL Form 5500 · updated monthly

Short's Brewing Company, LLC401(k)

SHORT'S BREWING COMPANY 401(K) PROFIT SHARING PLAN · ELK RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Short's Brewing Company, LLC reported $18,916 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $1,055 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 0.46% to 0.51%. 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 (2,121st of 2,619), and 11,708th of 13,661 in manufacturing. In 2024, employees put in $1.77 for every $1.00 the employer contributed; active participation has shrunk from 159 to 113 since 2022.

Plan summary
Net assets, end of year$4,052,602
Participants with balances94
Active participants113
Employer contributions$119,269
Employee contributions$211,506
Employer contribution per active participant$1,055
Average account balance$43,113
Benefits paid to participants$160,822
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 94 accts · $119K emplr
2023$3.4M · 101 accts · $154K emplr
2022$2.9M · 121 accts · $96K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,149
Investment management$8,767
Total administrative$18,916
The Short's Brewing Company, LLC 401(k) match · 2024
Employer contribution per active participant$1,055
Median for plans this size$1,313
2024$1,055 per active participant
2023$1,294 per active participant
2022$603 per active participant

Short's Brewing Company, LLC's 2024 employer contribution ran below the $1,313 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
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$10,149
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$8,767

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

Recordkeeper by year2
2024EPIC RPS
2023HUNTINGTON NATIONAL BANK

This plan has changed recordkeepers within these filings. If you left Short's Brewing Company, LLC 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).

Administrative cost history3
2024$18,916 · 0.51%
2023$18,083 · 0.58%
2022$13,828 · 0.46%
Similar plansManufacturing · Michigan
Gretchen's House, Inc. MI$4.1M · 0.03%
The Decc Company, Inc. MI$4.1M · 0.02%
Paumac Tubing, LLC MI$4.0M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050538595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.