Plan Ledger DOL Form 5500 · updated monthly

Blackburn's Physicians Pharmacy, Inc.401(k)

PHYSICIANS PHARMACY DIRECTION RETIREMENT PLAN FOR SELF-EMPLOYED · TARENTUM, PA · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Blackburn's Physicians Pharmacy, Inc. reported $92,539 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. 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 3 years on file its reported administrative ratio has held roughly steady near 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,357th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,219th of 5,215 in retail trade. In 2024, employees put in $1.33 for every $1.00 the employer contributed; active participation has grown from 166 to 183 since 2022.

Plan summary
Net assets, end of year$24,637,736
Participants with balances204
Active participants183
Employer contributions$400,000
Employee contributions$530,638
Employer contribution per active participant$2,186
Average account balance$120,773
Benefits paid to participants$4,230,988
Plan auditUnmodified (clean) audit opinion
AuditorURISH POPEK & CO., LLC
Plan history3
Yearassets · accounts · employer contribution
2024$24.6M · 204 accts · $400K emplr
2023$24.2M · 182 accts · $400K emplr
2022$20.5M · 167 accts · $450K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,539
Total administrative$92,539
The Blackburn's Physicians Pharmacy, 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$2,326 per active participant
2022$2,711 per active participant

Blackburn's Physicians Pharmacy, 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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$6,389
METRO BENEFITS INC. · Contract administrator$5,175

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$92,539 · 0.38%
2023$81,034 · 0.36%
2022$89,991 · 0.40%
Same employer
Similar plansRetail Trade · Pennsylvania
Sun Motor Cars, Inc. PA$29.0M · 0.06%
Skh Management Co PA$26.4M · 0.04%
Lezzer Holdings, Inc. PA$26.2M · 0.35%
F.C. Haab Co., Inc. PA$25.5M · 0.23%
Your Building Centers, Inc. PA$24.0M · 0.15%
Duritza Enterprises, Inc. PA$22.6M · 0.64%
Bowser Automotive, Inc. PA$22.6M · 0.39%
Turn 14 Distribution, Inc. PA$22.3M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251619077 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.