Plan Ledger DOL Form 5500 · updated monthly

Bl Manager, LLC401(k)

BL MANAGER, LLC RETIREMENT PLAN · MOUNT LAUREL, NJ · plan year 2023

Reported admin expense ratio · 2023
0.50%

Bl Manager, LLC reported $78,587 in plan administrative expenses for 2023: 0.50% of average plan assets, higher than ~75% of peers. 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 0.48% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,155th-largest of 2,419 plans among New Jersey employers on file, and the 4,130th of 11,911 in health care & social assistance. active participation has grown from 1,904 to 2,184 since 2022.

Plan summary
Net assets, end of year$17,017,311
Participants with balances834
Active participants2,184
Employer contributions—
Employee contributions$1,982,706
Employer contribution per active participant—
Average account balance$20,404
Benefits paid to participants$1,886,278
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$16.2M · 759 accts
2023$17.0M · 834 accts
2022$14.6M · 860 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$78,587
Total administrative$78,587
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$78,587
CREATIVE PLANNING, INC. · Investment advisory (plan)indirect comp

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

Administrative cost history4
2025Not separately reported
2024$59,371 · 0.36%
2023$78,587 · 0.50%
2022$74,650 · 0.48%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Bcd Health Partners, LLC NJ$17.4M · 0.02%
Cmg Chelsea, LLC NJ$16.4M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831322060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.