Brownstein Hyatt Farber Schreck, LLP 401(k) Review & Grade
Brownstein Hyatt Farber Schreck Retirement Plan
Denver, COProfessional, Scientific & Technical Services572 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$15,747Employer $ per active participant
$15,486Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$247.8MNet plan assets, end of year
$287,149Average balance per account
Score breakdown
- Employer generosity49.0 / 5098th percentile for employer $ per participant
- Low cost20.6 / 2583th percentile for low admin cost vs. same-size plans
- Employee saving13.5 / 1590th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score86 / 100 · Grade A
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 98th |
| Lower admin cost | 83th |
| Employee saving | 90th |
| Peers that auto-enroll | 48% |
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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
- Brownstein Hyatt Farber Schreck, LLP put in about $15,747 per active participant, more than the typical peer ($3,082). 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.
- 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 | $9,015,100 |
| Participant (employee) contributions | $8,865,450 |
| Other contributions (incl. rollovers in) | $368,203 |
| Administrative expenses paid from the plan | $159,302 |
| Other admin expenses | $159,302 |
| Benefits paid out | $31,911,074 |
| Net assets, start / end of year | $229.8M / $247.8M |
| Active participants, start / end of year | 577 / 568 |
| Participants with account balances | 863 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Plante & Moran, PLLC |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $86,984 reported compensation |
| Innovest Portfolio Solutions LLC | $58,897 reported compensation |
| Plante & Moran, PLLC | $21,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250806085328NAL0002796051001, received 2025-08-06, EIN 26-1367865, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.