Plan Ledger DOL Form 5500 · updated monthly

Broadpath, LLC401(k)

BROADPATH, LLC 401(K) PLAN · TUCSON, AZ · plan year 2022

Reported admin expense ratio · 2022
1.88%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Broadpath, LLC reported $20,955 in plan administrative expenses for 2022: 1.88% of average plan assets, higher than ~90% of peers. Employer contributions averaged $66 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Arizona (1,136th of 1,285), and 11,193rd of 11,654 in professional & technical services. In 2022, employees put in $3.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,155,300
Participants with balances83
Active participants845
Employer contributions$55,704
Employee contributions$214,301
Employer contribution per active participant$66
Average account balance$13,919
Benefits paid to participants$60,073
Plan auditUnmodified (clean) audit opinion
AuditorLUDWIG KLEWER & RUDNER PLLC
Plan history2
Yearassets · accounts · employer contribution
2025$0 · $164 emplr
2022$1.2M · 83 accts · $56K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$18,344
Investment management$2,192
Professional / advisory$419
Total administrative$20,955
The Broadpath, LLC 401(k) match · 2022
Employer contribution per active participant$66
Median for plans this size$1,114

Broadpath, LLC's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2025Not separately reported
2022$20,955 · 1.88%
Same employer
Similar plansProfessional & Technical Services · Arizona
Open Network Exchange Inc AZ$1.6M · 0.44%
Globalmedia Group LLC AZ$1.5M · 0.85%
Highnoon Ventures LLC AZ$1.5M · 0.16%
Tyr Tactical AZ$1.1M · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263271894 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.