Plan Snapshot
- Plan Sponsor: The Brewer-Garrett Company
- Sponsor EIN: 340836142
- Sponsor Address: 6800 EASTLAND ROAD, MIDDLEBURG HEIGHTS, OH, 44130
- Plan Type: 401(k)
- Total Participants: 200
- Total Assets: $24.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 200 | $24.6M | $477,367 | $818,802 |
| 2023 | 146 | $22.0M | $445,059 | $849,659 |
| 2022 | 144 | $18.8M | $572,859 | $854,501 |
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 |
|---|---|---|---|---|
| ANCORA RETIREMENT ADVISORS | Other Service Provider | $70,530 | — | $70,530 |
| THE VANGUARD GROUP, INC. | Recordkeeper | $18,305 | — | $18,305 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $88,835
- Estimated Expense Ratio: 0.361% 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 | $85,671 | $67,366 | $18,305 | — | — |
| 2023 | $81,206 | $65,751 | $15,455 | — | — |
| 2022 | $76,449 | $61,941 | $14,508 | — | — |