BROADVIEW RETIREMENT SAVINGS PLAN Contribution & Employer Match

BROADVIEW RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value

BROADVIEW RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

• Participants may contribute the lesser of 80% of pretax annual compensation, as defined, or the maximum annual amount permitted under the Internal Revenue Code ($23,000 and $22,500 into the Plan for 2024 and 2023, respectively).
• Participants who have attained age 50 before the end of the Plan year are eligible to make catch-up contributions amounting to $7,500 for 2024 and 2023.
• The Plan includes an auto-enrollment provision whereby all newly eligible employees are automatically enrolled in the Plan unless they affirmatively elect not to participate in the Plan.
• Automatically enrolled participants have their deferral rate set at 4% of eligible compensation and their contributions invested in a designated target retirement date fund until changed by the participant.

• The Plan Sponsor makes non-discretionary matching contributions in an amount equal to 200% of a participant deferral contribution, not to exceed 2% of participant eligible compensation for each Plan year.
• The Plan Sponsor, at the discretion of their Board of Directors, may also contribute a discretionary profit-sharing contribution to all participants.
• The Board of Directors approved a discretionary profit sharing contribution of 5% of eligible compensation, as defined by the Plan, for the years ended December 31, 2024 and 2023.

• Participants are immediately vested in their contributions plus actual earnings thereon.
• Vesting in the non-discretionary employer contributions is based upon the elapsed time method.
• Hours of service are not counted and instead periods of service are computed.