Plan Snapshot
- Plan Sponsor: Brakebush Brothers, INC.
- Sponsor EIN: 391018863
- Sponsor Address: N4993 6TH DRIVE, WESTFIELD, WI, 53964
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,569
- Total Assets: $1.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,569 | $1.9M | $13.8M | $5.0M |
| 2023 | 1,557 | $1.8M | $11.9M | $3.5M |
| 2022 | 1,563 | $4.0M | $11.6M | $4.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ALLEGIANCE BENEFIT PLAN MANAGEMENT | Other Service Provider | $380,179 | $13,356 | $393,535 |
| DELTA DENTAL OF WISCONSIN | Other Service Provider | $68,892 | — | $68,892 |
| ALLEGIANCE BENEFIT PLAN MANAGEMENT | Other Service Provider | $49,624 | — | $49,624 |
| NATIONAL COOPERATIVERX | Other Service Provider | — | $23,512 | $23,512 |
| BMO WEALTH MANAGEMENT | Other Service Provider | $8,914 | — | $8,914 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $544,477
- Estimated Expense Ratio: 29.187% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $756,052 | — | $756,052 | — | — |
| 2023 | $843,874 | — | $843,874 | — | — |
| 2022 | $910,211 | — | $889,248 | — | $8,451 |