401(K) Plan For Brown Distributing Company, Ltd — Form 5500 plan (Brown Distributing Company, Ltd)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, 401(K) Plan For Brown Distributing Company, Ltd is a benefit plan reported by Brown Distributing Company, Ltd under EIN 74-2983920 and plan number 001. The latest loaded filing year is 2023. The filing reports 478 participants and $36,529,689 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$36.5MPlan net assets, end of year$36,529,689
Participants478Covered participants reported
Assets / participant$76.4KComputed: assets ÷ participants$76,422 (computed)
Provider compensation$78.4K2 Schedule C provider row(s)$78,419
Plan sponsor
Brown Distributing Company, Ltd
EIN
74-2983920
Plan number
001
Plan type
2
Location
Austin, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023478H, C20240830121130NAL0008364323001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$36.5M total assets
Net assets$36.5MLiabilities$0
Money in vs. money out
Total income / additions$6.5M
Total expenses$3.5M
Benefits paid / distributions$3.5M
Contributions
Employer$496.6K
Participant$1.3M
Full reported line items

Net assets

Total assets (EOY)
$36,529,689
Total liabilities (EOY)
$0
Net assets (EOY)
$36,529,689
Net assets (BOY)
$33,578,273

Income & contributions

Employer contributions
$496,597
Participant contributions
$1,283,670
Total contributions
$1,780,267
Total income / additions
$6,496,764

Expenses & distributions

Benefits paid
$3,460,535
Administrative expenses
$84,813
Total expenses
$3,545,348
Net increase / (decrease)
$2,951,416
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 28%Participant 72%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income53%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Maxwell, Locke & Ritter, LlpNONE$52,000not reported in the loaded dataset2023
RhiNONE$26,419not reported in the loaded dataset2023

Related Form 5500 pages