Department of Labor filing

BROADMOOR MANAGEMENT COMPANY

BROADMOOR MANAGEMENT COMPANY 401(K) PROFIT SHARING PLAN · For the plan year ended Dec 31, 2022

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Public filing 2022 · received Oct 12, 2023Verified current terms Not available

Plan at a glance

How good does the filing look?

80filing 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
$2,390

Reported employer contributions per active participant.

Higher than about 76% of comparable plans
#People in the filing
182

Active participants reported for 2022.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$11 / participant

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

Lower cost than about 91% of comparable plans
Investment performance
Not available

Plan assets changed -17.3%, 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 · 202280out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions76th percentileTypical peer $1,230 · based on 1,005 comparable plans
Lower reported administrative expense91st percentileTypical peer $109 · based on 1,065 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, 2022, BROADMOOR MANAGEMENT COMPANY reported $434,918 in employer contributions across the plan and 182 active participants. That works out to $2,390 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 proxy79%

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 0.0%

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

Expense trendUp 0.0%

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

Peer context80/100

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
$434,918
Participant contributions
$686,970
Other contributions
$33,667
Employer share of reported contributions
38.8%
Beginning assets
$21,921,881
Ending assets
$18,134,651
Ending net assets
$18,134,651
Ending liabilities
$0
Total income
-$3,351,970
Total expenses
$435,260
Administrative expenses
$2,574
Participant loans
$27,761

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
$2,390
Plan-paid administrative expenses per participant
2022
$11
Active participants
2022
182
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2022$2,39018218.1M20231012104916NAL0020188163001

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
0.2%
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Not stated in the filing
Public plan identifier
470635721-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Jan 1, 1993
Industry
Real estate
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2A2E2F2G2J2K2R2S2T3B3D3F

Current plan terms

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Filing ACK_ID20231012104916NAL0020188163001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗