Broe Management Company, LLC D/B/A/ the Broe Group 401(k) Review & Grade
The Broe Group 401(k) Retirement Savings Plan
Denver, COTransportation & Warehousing566 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,566Employer $ per active participant
$6,842Employee $ saved per active participant
0.26%Direct admin cost, % of plan assets
$50.3MNet plan assets, end of year
$61,654Average balance per account
Score breakdown
- Employer generosity39.6 / 5079th percentile for employer $ per participant
- Low cost11.5 / 2546th percentile for low admin cost vs. same-size plans
- Employee saving12.9 / 1586th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score74 / 100 · Grade B
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 79th |
| Lower admin cost | 46th |
| Employee saving | 86th |
| Peers that auto-enroll | 37% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Broe Management Company, LLC D/B/A/ the Broe Group put in about $2,566 per active participant, more than the typical peer ($1,070). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- 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 | $1,452,376 |
| Participant (employee) contributions | $3,872,559 |
| Other contributions (incl. rollovers in) | $1,833,529 |
| Administrative expenses paid from the plan | $120,146 |
| Other admin expenses | $30,000 |
| Benefits paid out | $5,044,578 |
| Net assets, start / end of year | $42.7M / $50.3M |
| Active participants, start / end of year | 551 / 581 |
| Participants with account balances | 816 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Brock and Company Cpas PC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $65,103 reported compensation |
| Brock and Company, Cpas, P.C. | $25,050 reported compensation |
| Cook Street Consulting | $22,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251011102355NAL0008897905001, received 2025-10-11, EIN 84-1568327, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.