Butler Brothers retirement plan: assets, participants and fees
What Butler Brothers' retirement plan 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 | The Bank of New York Mellon | Schedule C ↗ |
| Independent auditor | Bober Markey Fedorovich (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 650 pension plans in manufacturing with 100 to 499 participants.
| Butler Brothers: employer contribution per participant | $915 | |
| Peer median | $1,262 |
| Butler Brothers: average balance | $14,785 | |
| Peer median | $56,718 |
| Butler Brothers: admin expenses ÷ assets | 3.41% | |
| Peer median | 0.79% |
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 $8.3M at the end of plan year 2021 to $5.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 367 | $5.4M | $336K | $915 | 3.41% | Not published | Form 5500 ↗ |
| 2023 | 391 | $5.7M | $190K | $485 | 4.04% | Not published | Form 5500 ↗ |
| 2022 | 427 | $5.7M | — | — | 2.83% | Not published | Form 5500 ↗ |
| 2021 | 429 | $8.3M | — | — | 2.61% | Not published | Form 5500 ↗ |
Common questions
Does Butler Brothers match 401(k) contributions?
The match terms for the Butler Brothers Pension Plan for Hourly Wage Employees have not been published from its filing yet. The plan year 2024 filing reports $336K in employer contributions, about $915 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Butler Brothers 401(k) match vested?
The vesting schedule for the Butler Brothers Pension Plan for Hourly Wage Employees is not in the data published so far. Your Summary Plan Description states it.
Who manages the Butler Brothers 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is The Bank of New York Mellon. The plan administrator is Butler Brothers.
I left Butler Brothers. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Butler Brothers, (440) 930-1000) or the recordkeeper, The Bank of New York Mellon. The Butler Brothers old 401(k) page lists the contacts from every plan filing. Find an old Butler Brothers 401(k)
Data from the public Form 5500 annual reports Butler Brothers filed with the U.S. Department of Labor (plan years 2021 and 2022 and 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 Butler Brothers. Not financial advice. Report a correction · Methodology