Plan Ledger DOL Form 5500 · updated monthly

Blachford, Inc.401(k)

BLACHFORD GROUP SAVINGS AND RETIREMENT PLAN · WEST CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Blachford, Inc. reported $9,135 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,186 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 rose from 0.04% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,742nd-largest of 3,702 plans among Illinois employers on file, and the 6,141st of 13,661 in manufacturing. In 2024, employees put in $2.43 for every $1.00 the employer contributed; active participation has grown from 133 to 181 since 2022.

Plan summary
Net assets, end of year$18,868,437
Participants with balances179
Active participants181
Employer contributions$395,726
Employee contributions$961,042
Employer contribution per active participant$2,186
Average account balance$105,410
Benefits paid to participants$1,566,573
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.9M · 179 accts · $396K emplr
2023$16.5M · 181 accts · $330K emplr
2022$10.8M · 123 accts · $253K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,135
Total administrative$9,135
The Blachford, Inc. 401(k) match · 2024
Employer contribution per active participant$2,186
Median for plans this size$2,416
2024$2,186 per active participant
2023$1,738 per active participant
2022$1,903 per active participant

Blachford, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
EMPOWER ADVISORY GROUP · Investment management$3,348

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$9,135 · 0.05%
2023$5,697 · 0.04%
2022$5,466 · 0.04%
Similar plansManufacturing · Illinois
Merisant US, Inc. IL$19.1M · 0.10%
Bronson & Bratton, Inc. IL$19.0M · 0.26%
Shoup Manufacturing Co IL$19.0M · 0.37%
Mazak Optonics Corporation IL$18.9M · 0.56%
Concentric Rockford Inc. IL$18.8M · 0.41%
Ubiquiti, Inc. IL$18.8M · 0.05%
Miracapo Pizza Company LLC IL$18.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363658961 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.