Brakebush Brothers Inc 401(k) Plan: Login, Facts & Contact Information

Brakebush Brothers Inc 401(k) Plan Facts

Plan name
BRAKEBUSH BROTHERS, INC. EMPLOYEES SAVINGS & RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BRAKEBUSH BROTHERS, INC.
Participants
2,815 (2,081 active employees)
Former employees with a balance
531
Plan assets
$117,722,675 at Dec 31, 2023
Average account balance
$45,087 across 2,611 accounts
Employer contributions
$3,937,728 in plan year 2023 (31% of all contributions)
Recordkeeper
Oneamerica Retirement Services, Llc
Plan year
Jan 1, 2023 – Dec 31, 2023
Plan established
Jan 1, 1987
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2023 (Jan 1, 2023 – Dec 31, 2023), filed Oct 7, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $12.8 million went into the plan in contributions, $3.94 million of it from the employer (31%).
  • $8.48 million was paid out to participants.
  • Investment and other income added $17.2 million.
  • Administrative expenses were $269,020, about $103 per account.

How the Brakebush Brothers Inc 401(k) changed, 2018–2023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20181,823$71.8 million$2.25 million$4.41 million
20191,978$84.7 million$2.78 million$11.1 million
20202,260$98.9 million$2.98 million$8.47 million
20212,442$112.8 million$3.24 million$10.7 million
20222,519$96.5 million$3.68 million$10.1 million
20232,815$117.7 million$3.94 million$8.48 million

Brakebush Brothers Inc 401(k) Contact Information

Phone
608-296-2121
Mailing address
N4993 6TH DRIVE, WESTFIELD WI 539649511
Plan sponsor
BRAKEBUSH BROTHERS, INC.
Employer identification number (EIN)
39-1625450
Plan number
002

Questions about the Brakebush Brothers Inc 401(k)

Does Brakebush Brothers Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $3.94 million, 31% of all contributions.

Does the Brakebush Brothers Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Brakebush Brothers Inc 401(k) plan?

2,815 participants at the start of plan year 2023, 2,081 of them active employees, and 531 former employees who still had money in the plan.

What is the average 401(k) balance at Brakebush Brothers Inc?

About $45,087 per account: $117.7 million in plan assets across 2,611 accounts with a balance at the end of plan year 2023.

Who manages the Brakebush Brothers Inc 401(k) accounts?

OneAmerica Financial (listed on the filing as ONEAMERICA RETIREMENT SERVICES, LLC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Brakebush Brothers Inc. How do I access my 401(k)?

Your account stays with OneAmerica Financial after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

Related Companies
Headquarter: 5 WESTBROOK CORPORATE CENTER SUITE, WESTCHESTER, IL, 60154
Headquarter: 10200 READING ROAD, CINCINNATI, OH, 45241
Headquarter: 1915 REXFORD ROAD, CHARLOTTE, NC, 28211
Headquarter: 8283 GREENSBORO DRIVE, MCLEAN, VA, 221023830
Headquarter: 30 IVAN ALLEN JR BLVD NW BIN SC1002, ATLANTA, GA, 30308