Plan Snapshot
- Plan Sponsor: Broadmead, INC.
- Sponsor EIN: 521056690
- Sponsor Address: 13801 YORK ROAD, COCKEYSVILLE, MD, 21030
- Plan Type: 401(k)
- Total Participants: 349
- Total Assets: $11.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 349 | $11.5M | $328,201 | $687,834 |
| 2023 | 273 | $11.2M | $336,414 | $680,725 |
| 2022 | 269 | $9.5M | $296,644 | $594,205 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| TEMPLETON & COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TEMPLETON & COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $74,535 | $25,616 | $6,789 | — | — |
| 2023 | $59,527 | — | $567 | — | — |
| 2022 | $81,733 | — | $81,733 | — | — |