Broder Bros., Co. 401(k) Review & Grade
Broder Bros., Co. Employees' 401(k) Trust
Trevose, PAWholesale Trade2,509 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$955Employer $ per active participant
$2,655Employee $ saved per active participant
0.20%Direct admin cost, % of plan assets
$80.1MNet plan assets, end of year
$26,377Average balance per account
Score breakdown
- Employer generosity7.4 / 5015th percentile for employer $ per participant
- Low cost8.5 / 2534th percentile for low admin cost vs. same-size plans
- Employee saving2.8 / 1519th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score26 / 100 · Grade F
This plan vs. peers
Peers: Wholesale Trade plans with 2,500–9,999 active participants (103 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 15th |
| Lower admin cost | 34th |
| Employee saving | 19th |
| Peers that auto-enroll | 62% |
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Red flags from the filing
Corrective distributions: the plan refunded $10,276 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Broder Bros. put in about $955 per active participant, below the typical peer ($2,459). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.20% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,397,111 |
| Participant (employee) contributions | $6,660,305 |
| Other contributions (incl. rollovers in) | $241,558 |
| Administrative expenses paid from the plan | $152,400 |
| Investment advisory & management fees | $59,218 |
| Benefits paid out | $8,250,531 |
| Net assets, start / end of year | $69.8M / $80.1M |
| Active participants, start / end of year | 2,424 / 2,594 |
| Participants with account balances | 3,035 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cohn Reznick |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $93,182 reported compensation |
| Strategic Advisors, Inc. | $27,718 reported compensation |
| Lincoln Financial Advisors Corpora | $21,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010093124NAL0004464755001, received 2025-10-10, EIN 38-1911112, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.