Broadhead Enterprises Inc.401(k)
BROADHEAD ENTERPRISES INC. 401(K) PLAN · MINNEAPOLIS, MN · plan year 2024
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Broadhead Enterprises Inc. reported $67,616 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $4,692 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 1 year on file its reported administrative ratio rose from 0.31% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 923rd-largest of 1,918 plans among Minnesota employers on file, and the 5,741st of 11,654 in professional & technical services. In 2024, employees put in $2.61 for every $1.00 the employer contributed.
Broadhead Enterprises Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 823595309 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.