# High Grade Beverage Co. DB Plan
Source: https://planprovider.pro/companies/high-grade-beverage-co-220989250-001

> High Grade Beverage Co.'s DB plan: 9 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** High Grade Beverage Co.

- **Sponsor EIN:** 220989250

- **Sponsor Address:** P. O. BOX 7092, NORTH BRUNSWICK, NJ, 08902

- **Plan Type:** DB

- **Plan Number:** 001

- **Total Participants:** 9

- **Total Assets:** $15.6M

## 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|9|$15.6M|$151,644|$0|

| 2023|17|$14.6M|$0|$0|

| 2022|21|$14.1M|$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|

| BANK OF AMERICA|Custodian / Trustee|$103,986|—|$103,986|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $103,986

- **Estimated Expense Ratio:** 0.666% 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|$232,357|$87,241|—|—|—|

| 2023|$224,543|$80,196|—|—|—|

| 2022|$99,631|$83,154|—|—|$16,477|

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