Plan Snapshot
- Plan Sponsor: Braun Corporation
- Sponsor EIN: 351282638
- Sponsor Address: 645 W. CARMEL DR., CARMEL, IN, 46032
- Plan Type: 401(k)
- Total Participants: 1,438
- Total Assets: $122.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,438 | $122.8M | $5.6M | $9.6M |
| 2023 | 1,516 | $107.2M | $5.4M | $8.8M |
| 2022 | 1,500 | $90.2M | $4.6M | $7.3M |
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 |
|---|---|---|---|---|
| ARMSTRONG & REIST CPA'S LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $199,265 | $199,265 | — | — | — |
| 2023 | $172,517 | $172,517 | — | — | — |
| 2022 | $240,717 | — | — | — | — |