# High Grade Beverage Co. DB Plan
Source: https://planprovider.pro/companies/high-grade-beverage-co-220989250-002

> High Grade Beverage Co.'s DB plan: 30 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:** 002

- **Total Participants:** 30

- **Total Assets:** $11.5M

## 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|30|$11.5M|$230,177|$0|

| 2023|43|$11.0M|$77,120|$0|

| 2022|45|$11.0M|$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|$77,334|—|$77,334|

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $77,334

- **Estimated Expense Ratio:** 0.672% 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|$282,145|$64,588|—|—|—|

| 2023|$195,950|$61,675|—|—|—|

| 2022|$78,706|$65,512|—|—|$13,194|

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