Plan Snapshot
- Plan Sponsor: The Great Lakes Brewing Co.
- Sponsor EIN: 341554625
- Sponsor Address: 2516 MARKET AVE, CLEVELAND, OH, 441133434
- Plan Type: 401(k)
- Total Participants: 195
- Total Assets: $18.4M
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 | 195 | $18.4M | $387,214 | $748,040 |
| 2023 | 210 | $17.7M | $771,770 | $807,736 |
| 2022 | 281 | $14.6M | $742,627 | $731,734 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $80,806 | — | $80,806 |
| LINCOLN FINANCIAL ADVISORS CORPORAT | Investment Advisor | — | $44,795 | $44,795 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN FINANCIAL ADVISORS CORPORAT — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $125,601
- Estimated Expense Ratio: 0.684% 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 | $80,806 | — | $80,806 | — | — |
| 2023 | $29,798 | — | $29,798 | — | — |
| 2022 | $2,675 | — | — | — | — |