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CANAL STREET BREWING CO. LLC DBA FOUNDERS BREWING COMPANY

FOUNDERS BREWING COMPANY 401(K) PROFIT SHARING PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Jun 2, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

53filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support
$2,822

Reported employer contributions per active participant.

Higher than about 62% of comparable plans
#People in the filing
472

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$183 / participant

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

Lower cost than about 31% of comparable plans
↗Investment performance
Not available

Plan assets changed 39.6%, 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 · 202453out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions62nd percentileTypical peer $2,299 · based on 108 comparable plans
Lower reported administrative expense31st percentileTypical peer $103 · based on 112 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, CANAL STREET BREWING CO. LLC DBA FOUNDERS BREWING COMPANY reported $1,331,866 in employer contributions across the plan and 472 active participants. That works out to $2,822 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 proxy67%

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 2.4%

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

Expense trendDown 2.4%

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

Peer context53/100

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
$1,331,866
Participant contributions
$3,020,308
Other contributions
$453,892
Employer share of reported contributions
30.6%
Beginning assets
$27,323,628
Ending assets
$38,148,458
Ending net assets
$38,148,458
Ending liabilities
$0
Total income
$9,533,569
Total expenses
$4,204,851
Administrative expenses
$134,099
Participant loans
Not reported

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
$2,757
2023
$2,476
2024
$2,822
Plan-paid administrative expenses per participant
2022
$187
2023
$179
2024
$183
Active participants
2022
405
2023
448
2024
472
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2024$2,82247238.1M20250602141746NAL0017463856001
2023$2,47644827.3M20241009131657NAL0018368113001
2022$2,75740522M20231012110515NAL0041594496001

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
Not stated in the filing
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Not stated in the filing
Public plan identifier
383314250-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Apr 1, 2010
Industry
Manufacturing
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2F2G2J2K2S2T3D

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.

ProviderPlan yearDirect compensationIndirect compensation
PRINCIPAL LIFE INSURANCE COMPANY2024Not reportedunknown

Current plan terms

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Filing ACK_ID20250602141746NAL0017463856001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗