Employers › Brown-Forman › plan 006
Recordkeeping fees per participant · Brown-forman Corporation Savings Plan · plan year 2024
$23.94
Higher than 20% of the 1,697 plans $250M to 1B that report it.
= $64,319 / 2,687
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250929101535NAL0004966067001, received 2025-09-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250929101535NAL0004966067001, received 2025-09-29
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-29.
Administrative expenses excluding investment management, per participant
$31.51
Higher than 17% of the 2,324 plans $250M to 1B that report it.
= $84,676 / 2,687
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250929101535NAL0004966067001, received 2025-09-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250929101535NAL0004966067001, received 2025-09-29
Administrative expenses per participant
$71.03
Higher than 37% of the 2,405 plans $250M to 1B that report it.
= $190,845 / 2,687
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250929101535NAL0004966067001, received 2025-09-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250929101535NAL0004966067001, received 2025-09-29
Administrative expenses as a share of assets
0.029%
Higher than 17% of the 2,407 plans $250M to 1B that report it.
= $190,845 / $648,549,973
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250929101535NAL0004966067001, received 2025-09-29
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250929101535NAL0004966067001, received 2025-09-29
Employer contributions per participant
$4,511
Higher than 69% of the 2,457 plans $250M to 1B that report it.
= $12,121,788 / 2,687
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250929101535NAL0004966067001, received 2025-09-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250929101535NAL0004966067001, received 2025-09-29
Employer share of total contributions
31.8%
Higher than 52% of the 2,459 plans $250M to 1B that report it.
= $12,121,788 / $38,169,758
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250929101535NAL0004966067001, received 2025-09-29
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250929101535NAL0004966067001, received 2025-09-29
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 2S pre-approved plan document · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250929101535NAL0004966067001, received 2025-09-29
| Field | Value | Source |
|---|---|---|
| Plan sponsor | BROWN-FORMAN CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Plan name | BROWN-FORMAN CORPORATION SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Sponsor EIN / plan number | 61-0143150 / 006 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Sponsor location | LOUISVILLE, KY | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Industry (business code) | 312140, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Filing received | 2025-09-29 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Participants, beginning of year | 3,042 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Active participants | 2,054 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Participants, end of year | 2,709 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Participants with an account balance | 2,687 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Total assets, beginning of year | $631,006,051 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Total assets, end of year | $648,549,973 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Net assets, end of year | $648,549,973 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Total income | $99,441,781 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Net income | $17,543,922 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Employer contributions | $12,121,788 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Participant contributions | $23,525,521 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Other contributions (incl. rollovers) | $2,522,449 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Total contributions | $38,169,758 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Benefit payments | $81,607,808 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Total expenses (incl. benefit payments) | $81,897,859 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Total administrative expenses | $190,845 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Recordkeeping fees | $64,319 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Investment advisory and management fees | $106,169 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Administrative expenses excluding investment management | $84,676 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Held in common/collective trusts | $207,823,970 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Held in mutual funds | $365,225,666 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250929101535NAL0004966067001, received 2025-09-29 |
| Independent auditor | CROWE LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250929101535NAL0004966067001, received 2025-09-29 |
Position = column in the DOL layout for form year 2024. Filing 20250929101535NAL0004966067001, received 2025-09-29.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | NONE | 28 Investment management; 26 Investment advisory (participants); 50 Direct payment from the plan | $106,169 | no |
| EMPOWER ANNUITY INSURANCE COMPANY Orecordkeeper | NONE | 64 Recordkeeping fees; 50 Direct payment from the plan; 37 Participant loan processing; 15 Recordkeeping and information management; 59 Shareholder servicing fees | $63,719 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250929101535NAL0004966067001, received 2025-09-29.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $631,006,051 | $648,549,973 | 2.8% |
| Participants with a balance | 3,015 | 2,687 | -10.9% |
| Administrative expenses | $103,023 | $190,845 | 85.2% |
| Recordkeeping fees per participant | not reported | $23.94 | |
| Employer contributions | $12,755,348 | $12,121,788 | -5.0% |
Prior filing 20240919092121NAL0005681697001, received 2024-09-19; the plan years are contiguous.