Plan Snapshot
- Plan Sponsor: Brennan Industries, INC.
- Sponsor EIN: 340859271
- Sponsor Address: 6701 COCHRAN ROAD, SOLON, OH, 44139
- Plan Type: 401(k)
- Total Participants: 249
- Total Assets: $12.0M
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 | 249 | $12.0M | $207,341 | $913,396 |
| 2023 | 211 | $10.8M | $162,351 | $757,772 |
| 2022 | 189 | $8.9M | $138,310 | $620,377 |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | 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 | $86,776 | $32,930 | — | — | — |
| 2023 | $68,491 | $28,512 | — | — | — |
| 2022 | $66,869 | $39,156 | $27,713 | — | — |