Plan Ledger DOL Form 5500 · updated monthly

Blac Investments, Inc. dba Tri County Metals401(k)

BLAC INVESTMENTS, INC. DBA TRI COUNTY METALS 401(K) PLAN · TRENTON, FL · plan year 2024

Reported admin expense ratio · 2024
0.96%

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

Blac Investments, Inc. dba Tri County Metals reported $45,074 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,126 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 3 years on file its reported administrative ratio has held roughly steady near 0.96%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Florida (2,433rd of 3,644), and 3,917th of 5,337 in construction. In 2024, the employer put in $1.04 for every $1.00 employees contributed themselves; active participation has grown from 111 to 145 since 2022.

Plan summary
Net assets, end of year$5,323,947
Participants with balances195
Active participants145
Employer contributions$598,261
Employee contributions$574,315
Employer contribution per active participant$4,126
Average account balance$27,302
Benefits paid to participants$451,874
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 195 accts · $598K emplr
2023$4.1M · 163 accts · $1.0M emplr
2022$2.3M · 131 accts · $732K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,907
Investment management$19,167
Total administrative$45,074
The Blac Investments, Inc. dba Tri County Metals 401(k) match · 2024
Employer contribution per active participant$4,126
Median for plans this size$1,313
2024$4,126 per active participant
2023$7,664 per active participant
2022$6,594 per active participant

Blac Investments, Inc. dba Tri County Metals's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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
KOSS-OLINGER CONSULTING, LLC · Investment advisory (participants)$19,167

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

Administrative cost history3
2024$45,074 · 0.96%
2023$31,711 · 0.99%
2022$17,158 · 0.94%
Similar plansConstruction · Florida
Service Minds, LLC FL$5.6M · 1.75%
Edd Helms Group Inc. FL$5.1M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260579177 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.