401(k) · DOL Form 5500 · 2023

Brown-Forman Corporation 401(k) Plan

Data updated 2026-08-11

$631M
Total assets
2,362
Participants
98th
Percentile by assets
$267,149
Avg per participant
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Official DOL plan name: Brown-Forman Corporation Savings Plan · Sponsored by Brown-Forman Corporation · Kentucky · Manufacturing

$631M in assets, 2,362 participants

Brown-Forman Corporation's Brown-Forman Corporation Savings Plan reported $631M in total assets and 2,362 participants in its 2023 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 98th percentile by assets (of 127,072 plans)
  • #18,065 in Manufacturing (18,722 peers)

Coverage in Kentucky

Brown-Forman Corporation Savings Plan covers 2,362 participants in Kentucky, 3.7x the typical Kentucky plan (state average ~647 per filing). Assets: $631M.

$631M
total plan assets (2023 EOY)
2,362
covered participants
98th
percentile by assets (of 127,072 plans)
$267,149
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Brown-Forman Corporation Savings Plan reported net income rose from -$135M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Brown-Forman Corporation Savings Plan end-of-year assets rose from $607M in the plan year 2022 filing to $631M in the plan year 2023 filing.
  • Brown-Forman Corporation Savings Plan reported participants rose from 2,348 in the plan year 2022 filing to 2,362 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Kentucky filers

In Kentucky, the average filing covers about 647 participants across 1,300 plans. Brown-Forman Corporation Savings Plan reports 2,362 participants - 3.7x that state average ($631M EOY assets).

Kentucky filing particulars

Total Assets (Beginning of Year)$607M
Net Assets (End of Year)$631M
Net Income$24M
Employer EIN610143150
Plan Effective Date1983-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Brown-Forman Corporation)

$1.26B$1.28B$1.3B$1.32B 202220232024 $1.31B $1.27B ▼ -3.1%
Total plan assets by year, all Brown-Forman Corporation plans on file
Year Plans Participants Total Assets
2022 6 4,645 $1.3B
2023 6 4,537 $1.3B
2024 6 4,687 $1.3B

Nearby 401(k) Plans in Kentucky

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Brown-Forman Corporation Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

Brown-Forman Corporation Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 0246810 Total assets ($B) Participants Brown-Forman Corpora…Commonspirit Health …Humana Retirement Sa…UPS/Ipa 401(k) Savin…Scionhealth 401(k) P…Lexmark Savings Plan
Brown-Forman Corporation Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Brown-Forman Corporation Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Brown-Forman Corporation Savings Plan assets move in 2023?
Brown-Forman Corporation Savings Plan edged up modestly - up 4.0% during 2023, from $607M to $631M. Reported net income was $24M.
How have Brown-Forman Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Brown-Forman Corporation's sponsor-wide assets declined 3.7%, from $1.3B to $1.3B.
Where does Brown-Forman Corporation Savings Plan rank by assets among Form 5500 filers?
Brown-Forman Corporation Savings Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Brown-Forman Corporation Savings Plan?
Among 401(k) plans in other states, the closest by assets is Manpowergroup 401(k) Savings Plan in WI ($631M, 77,756 participants).

Next read for Brown-Forman Corporation Savings Plan

Filing takeaways

Ways to act on Brown-Forman Corporation Savings Plan's numbers.

  • By total assets, Brown-Forman Corporation Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Kentucky. Compare plans
  • Brown-Forman Corporation's sponsor-wide assets have declined 3.7% since 2022 across 3 plan years on file. More Manufacturing plans