Plan Snapshot
- Plan Sponsor: Brown Industries, LLC
- Sponsor EIN: 261600832
- Sponsor Address: 807 EAST 29TH STREET, LAWRENCE, KS, 66046
- Plan Type: 401(k)
- Total Participants: 88
- Total Assets: $7.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 88 | $7.4M | $259,873 | $456,841 |
| 2023 | 85 | $6.9M | $227,894 | $387,295 |
| 2022 | 81 | $5.5M | $161,925 | $258,038 |
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 |
|---|---|---|---|---|
| ALLEN, GIBBS & HOULIK, L.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 | $49,618 | $34,056 | $15,562 | — | — |
| 2023 | $42,675 | $29,365 | $13,310 | — | — |
| 2022 | $40,607 | $28,221 | $12,386 | — | — |