401(k) · DOL Form 5500 · 2022

Broadmoor Products Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
21
Participants Small participant base
49th
Percentile by assets National rank
$221,114
Avg per participant Above avg balance/head
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Official DOL plan name: Broadmoor-Algoma 401(k) Plan · Sponsored by Broadmoor Products Inc. · Michigan · Wholesale Trade

$5M in assets, 21 participants

Broadmoor Products Inc.'s Broadmoor-Algoma 401(k) Plan reported $5M in total assets and 21 participants in its 2022 DOL Form 5500 filing, ranking in the 49th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #2,520 in Wholesale Trade (6,843 peers)

Broadmoor Products Inc. multi-year trail

Broadmoor Products Inc.'s plans moved +37.8% in assets from 2022 to 2024; this filing shows Broadmoor-Algoma 401(k) Plan at $5M / 21 participants.

#2,520
in Wholesale Trade (6,843 peers)
-16.7%
assets change YoY

The plan reported a net loss of $930K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Broadmoor-Algoma 401(k) Plan's mid-pack asset rank among Wholesale Trade and all filers

Broadmoor-Algoma 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$4,643,397 49th percentile higher than 49% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Broadmoor-Algoma 401(k) Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Broadmoor-Algoma 401(k) Plan is a small filing (21 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 382444838 · Broadmoor Products Inc. PY 2022 · 401(k)

Broadmoor-Algoma 401(k) Plan · $5M · 21 · 49th

  • NET $5M
  • NET 21
  • NET 49th
  • NET 401(k)
  • NET near Rickert Agricultural Services, Inc. 401(k) Profit Sharing Plan
  • NET ind #2520

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Wholesale Trade retirement plans → · Plans in Michigan →

Broadmoor-Algoma 401(k) Plan in the asset neighbourhood

Broadmoor-Algoma 401(k) Plan$5MRickert Agricultural Services, Inc. 401(k) Profit Sharing PlanRickert Agricultural Service…$5MSee Rock City, Inc. 401(k) Profit Sharing Thrift PlanSee Rock City, Inc. 401(k) P…$5MTecnova, Inc. Profit Sharing PlanTecnova, Inc. Profit Sharing…$5MSummit Medical Center, LLC 401(k) PlanSummit Medical Center, LLC 4…$5M
End-of-year total assets ($M) among Broadmoor-Algoma 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Broadmoor Products Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Broadmoor Products Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 37.75089659574661% vs 2022
2024 filing year
$4M$5M$6M$7M 202220232024 $4.64M $6.4M ▲ +37.9%
Year Plans Participants Total Assets
2022 1 21 $5M
2023 1 22 $6M
2024 1 22 $6M

Broadmoor Products Inc. filing trail (2022)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$5M
Net Income-$930K
Employer EIN382444838
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Broadmoor-Algoma 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Broadmoor-Algoma 401(k) Plan, Total assets ($B): 0.004643397 · Participants: 21Broadmoor-Algoma 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Broadmoor-Algoma 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Broadmoor-Algoma 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Rickert Agricultural Services, Inc. 401(k) Profit Sharing Plan in CA ($5M); by covered participants it is Makerite Manufacturing Co., Inc. Savings & Retirement Plan in IL (21 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (21 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Broadmoor-Algoma 401(k) Plan assets move in 2022?
Broadmoor-Algoma 401(k) Plan declined sharply - down 16.7% during 2022, from $6M to $5M. Reported net income was -$930K.
How have Broadmoor Products Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Broadmoor Products Inc.'s sponsor-wide assets grew 37.8%, from $5M to $6M.
Which 401(k) plans are similar in size to Broadmoor-Algoma 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Rickert Agricultural Services, Inc. 401(k) Profit Sharing Plan in CA ($5M, 3 participants).
Which 401(k) plans cover a similar participant headcount to Broadmoor-Algoma 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Makerite Manufacturing Co., Inc. Savings & Retirement Plan in IL (21 participants, $3M in assets).