BRP US Inc. 401(k) Review & Grade
BRP US Inc. 401(k) Savings Plan
Sturtevant, WIWholesale Trade1,432 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,813Employer $ per active participant
$5,691Employee $ saved per active participant
0.24%Direct admin cost, % of plan assets
$158.6MNet plan assets, end of year
$84,808Average balance per account
Score breakdown
- Employer generosity41.2 / 5082th percentile for employer $ per participant
- Low cost12.1 / 2549th percentile for low admin cost vs. same-size plans
- Employee saving9.6 / 1564th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score70 / 100 · Grade B
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 82th |
| Lower admin cost | 49th |
| Employee saving | 64th |
| Peers that auto-enroll | 53% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $1,414 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- BRP US put in about $3,813 per active participant, more than the typical peer ($1,792). 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 | $5,461,574 |
| Participant (employee) contributions | $8,151,836 |
| Other contributions (incl. rollovers in) | $1,202,368 |
| Administrative expenses paid from the plan | $371,139 |
| Investment advisory & management fees | $139,119 |
| Benefits paid out | $25,673,985 |
| Net assets, start / end of year | $151.0M / $158.6M |
| Active participants, start / end of year | 1,813 / 1,052 |
| Participants with account balances | 1,870 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | RSM US LLP |
Largest service providers (Schedule C)
| Schwab Retirement Plan Services,inc | $206,264 reported compensation |
| Sageview Advisory Group | $98,855 reported compensation |
| RSM US LLP | $42,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015080414NAL0004024001001, received 2025-10-15, EIN 37-1341308, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.