Plan Snapshot
- Plan Sponsor: Brown-Forman Corporation
- Sponsor EIN: 610143150
- Sponsor Address: 850 DIXIE HIGHWAY, LOUISVILLE, KY, 402101080
- Plan Type: DB
- Total Participants: 1,236
- Total Assets: $477.9M
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 | 1,236 | $477.9M | $4.9M | $0 |
| 2023 | 1,237 | $499.2M | $5.5M | $0 |
| 2022 | 1,155 | $559.6M | $10.0M | $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 |
|---|---|---|---|---|
| CROWE LLP | Auditor | $19,635 | — | $19,635 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,635
- Estimated Expense Ratio: 0.004% 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 | $942,042 | — | $103,266 | $19,635 | — |
| 2023 | $863,473 | — | $91,716 | $18,348 | — |
| 2022 | $809,919 | — | — | — | $551,834 |