Broadstreet Partners, Inc. 401(k) Review & Grade
Broadstreet 401(k) Plan
Columbus, OHFinance & Insurance4,064 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,728Employer $ per active participant
$8,393Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$513.6MNet plan assets, end of year
$102,459Average balance per account
Score breakdown
- Employer generosity20.2 / 5040th percentile for employer $ per participant
- Low cost20.0 / 2580th percentile for low admin cost vs. same-size plans
- Employee saving7.4 / 1549th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score48 / 100 · Grade C
This plan vs. peers
Peers: Finance & Insurance plans with 2,500–9,999 active participants (199 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 40th |
| Lower admin cost | 80th |
| Employee saving | 49th |
| Peers that auto-enroll | 66% |
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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
- Broadstreet Partners put in about $3,728 per active participant, below the typical peer ($4,489). 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.
- 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.
- 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 | $15,148,488 |
| Participant (employee) contributions | $34,103,035 |
| Other contributions (incl. rollovers in) | $13,842,704 |
| Administrative expenses paid from the plan | $190,716 |
| Other admin expenses | $76,913 |
| Benefits paid out | $43,627,081 |
| Net assets, start / end of year | $295.7M / $513.6M |
| Active participants, start / end of year | 3,026 / 5,101 |
| Participants with account balances | 5,013 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Clark Schaefer Hackett |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $96,087 reported compensation |
| Morgan Stanley Smith Barney LLC | $76,913 reported compensation |
| CSH Group, Inc. | $20,800 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014074337NAL0004947890001, received 2025-10-14, EIN 31-0982037, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.