Department of Labor filing

BRADY CORPORATION

BRADY MATCHED 401(K) PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 14, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

79filing comparison
out of 100

The filing signals stronger employer support and/or lower plan-paid administrative costs than many comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$3,471

Reported employer contributions per active participant.

Higher than about 88% of comparable plans

#People in the filing

1,688

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$88 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 57% of comparable plans

↗Investment performance

Not available

Plan assets changed 10.6%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202479out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions88th percentileTypical peer $1,297 · based on 42 comparable plans

Lower reported administrative expense57th percentileTypical peer $103 · based on 42 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, BRADY CORPORATION reported $5,859,648 in employer contributions across the plan and 1,688 active participants. That works out to $3,471 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy62%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 1.5%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 15.4%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context79/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $5,859,648
Participant contributions: $14,406,219
Other contributions: $8,989,027
Employer share of reported contributions: 28.9%
Beginning assets: $309,513,936
Ending assets: $342,400,584
Ending net assets: $342,379,362
Ending liabilities: $21,222
Total income: $74,196,125
Total expenses: $41,321,054
Administrative expenses: $237,140
Participant loans: $2,143,529

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$3,420

2023

$3,531

2024

$3,471

Plan-paid administrative expenses per participant

2022

$104

2023

$72

2024

$88

Active participants

2022

1,637

2023

1,579

2024

1,688

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$3,471	1,688	342.4M	20251014165426NAL0001703715001
2023	$3,531	1,579	309.5M	20241001082918NAL0003134163001
2022	$3,420	1,637	262.7M	20231012111126NAL0020220659001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 0.6%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 390178960-003

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Aug 1, 1976
Industry: Industry group 323
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2G2J2K2S2T3D2E

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
FIDELITY INVESTMENTS INSTITUTIONAL	2024	Not reported	unknown

Current plan terms

Help fill the gap the filing leaves.

If you have a current SPD, fee disclosure, or enrollment guide, you can share it with us. We check the source and date before adding anything to the profile.

Share a document →

Filing ACK_ID20251014165426NAL0001703715001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗