Brown-Forman 401(k) match, vesting and fees
What Brown-Forman's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Annuity Insurance Company O | Schedule C ↗ |
| Independent auditor | Crowe LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,622 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.
| Brown-Forman: employer contribution per participant | $4,511 | |
| Peer median | $2,413 |
| Brown-Forman: average balance | $241,366 | |
| Peer median | $86,434 |
| Brown-Forman: admin expenses ÷ assets | 0.03% | |
| Peer median | 0.12% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $631M at the end of plan year 2023 to $649M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,709 | $649M | $12.1M | $4,511 | 0.03% | Not published | Form 5500 ↗ |
| 2023 | 3,042 | $631M | $12.8M | $4,231 | 0.02% | Not published | Form 5500 ↗ |
Other Brown-Forman plans (5)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Brown-Forman Corporation Savings Plan for Collectively Bargained Employee
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Annuity Insurance Company O | Schedule C ↗ |
| Independent auditor | Crowe LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Brown-Forman Corporation Salaried Employees Retirement Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Crowe LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Brown-Forman Corporation Hourly Employees Retirement Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Crowe LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Brown-Forman Corporation Retirement Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Crowe LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Brown-Forman Corporation Pension Plan for Hourly Employees
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Crowe LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Brown-Forman match 401(k) contributions?
The match terms for the Brown-Forman Corporation Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $12.1M in employer contributions, about $4,511 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Brown-Forman 401(k) match vested?
The vesting schedule for the Brown-Forman Corporation Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Brown-Forman 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company O. The plan administrator is Brown-Forman Corporation.
I left Brown-Forman. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Brown-Forman Corporation, (502) 585-1100) or the recordkeeper, Empower Annuity Insurance Company O. The Brown-Forman old 401(k) page lists the contacts from every plan filing. Find an old Brown-Forman 401(k)
Data from the public Form 5500 annual reports Brown-Forman filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Brown-Forman. Not financial advice. Report a correction · Methodology