Plan Ledger DOL Form 5500 · updated monthly

Advanced Blending Solutions. LLC401(k)

ADVANCED BLENDING SOLUTIONS 401(K) PLAN · WALLACE, MI · plan year 2024

Reported admin expense ratio · 2024
0.52%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Advanced Blending Solutions. LLC reported $27,783 in plan administrative expenses for 2024: 0.52% of average plan assets, below the peer median. Employer contributions averaged $1,805 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.55% to 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,900th of 2,619), and 10,693rd of 13,661 in manufacturing. In 2024, employees put in $2.93 for every $1.00 the employer contributed; active participation has shrunk from 124 to 111 since 2022.

Plan summary
Net assets, end of year$5,973,847
Participants with balances113
Active participants111
Employer contributions$200,301
Employee contributions$586,384
Employer contribution per active participant$1,805
Average account balance$52,866
Benefits paid to participants$252,150
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 113 accts · $200K emplr
2023$4.8M · 112 accts · $190K emplr
2022$3.5M · 116 accts · $188K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,783
Total administrative$27,783
The Advanced Blending Solutions. LLC 401(k) match · 2024
Employer contribution per active participant$1,805
Median for plans this size$1,313
2024$1,805 per active participant
2023$1,707 per active participant
2022$1,512 per active participant

Advanced Blending Solutions. LLC's 2024 employer contribution ran above the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ALERUS FINANCIAL, N.A. · Recordkeeping · Pension consulting$28,305

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Alerus
2023Alerus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$27,783 · 0.52%
2023$22,179 · 0.54%
2022$19,435 · 0.55%
Same employer
Similar plansManufacturing · Michigan
Fastco Industries, Inc. MI$6.0M · 0.14%
Sturgis Molded Products MI$6.0M · 0.57%
Shoreline Fruit, LLC MI$6.0M · 0.07%
Lyons Industries Inc. MI$5.9M · 0.05%
Schwab Industries, Inc. MI$5.9M · 1.40%
Cup Acquisition, LLC MI$5.9M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264659655 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.