# Broadmoor Products INC. 401(k) Plan
Source: https://planprovider.pro/companies/broadmoor-products-inc-401k-plan

> Broadmoor Products INC.'s 401(k) plan: 22 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Broadmoor Products INC.

- **Sponsor EIN:** 382444838

- **Sponsor Address:** 4201 BROCKTON DR SE, GRAND RAPIDS, MI, 495124051

- **Plan Type:** 401(k)

- **Total Participants:** 22

- **Total Assets:** $6.4M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** Yes

- **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|22|$6.4M|$18,771|$282,755|

| 2023|22|$5.9M|$75,944|$293,397|

| 2022|22|$4.6M|$61,132|$261,656|

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