Plan Snapshot
- Plan Sponsor: Brown-Forman Corporation
- Sponsor EIN: 611260063
- Sponsor Address: 850 DIXIE HIGHWAY, LOUISVILLE, KY, 402101080
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $578.3M
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 | 0 | $578.3M | $0 | $0 |
| 2023 | 0 | $602.5M | $0 | $0 |
| 2022 | 0 | $662.6M | $0 | $0 |
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 |
|---|---|---|---|---|
| NISA INVESTMENT ADVISORS | Other Service Provider | $362,890 | — | $362,890 |
| NORTHERN TRUST COMPANY | Other Service Provider | $283,369 | — | $283,369 |
| METLIFE INVESTMENT MGMT HOLDINGS LL | Other Service Provider | $279,169 | — | $279,169 |
| CARDINAL INVESTMENT ADVISORS | Other Service Provider | $225,000 | — | $225,000 |
| FEDERATED INVESTORS INC | Other Service Provider | $116,119 | — | $116,119 |
| PRUDENTIAL INVESTMENT ADVISORS | Other Service Provider | $71,526 | — | $71,526 |
| FT WASHINGTON PRIVATE EQUITY INV IX | Other Service Provider | — | $33,750 | $33,750 |
| FT WASHINGTON PRIVATE EQUITY VIII | Other Service Provider | — | $31,141 | $31,141 |
| FT WASHINTON PRIVATE EQUITY VII | Other Service Provider | — | $15,335 | $15,335 |
| FT WASHINGTON PIVATE EQUITY OPP III | Other Service Provider | — | $7,388 | $7,388 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,425,687
- Estimated Expense Ratio: 0.247% 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 | $1,459,269 | $1,175,900 | — | — | — |
| 2023 | $1,088,255 | $711,888 | $180,882 | — | — |
| 2022 | $1,327,716 | — | — | — | $1,327,716 |