Plan Ledger DOL Form 5500 · updated monthly

Blackfly Investments, LLC401(k)

BLACKFLY INVESTMENTS, LLC 401(K) P/S PLAN · VANCOUVER, WA · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Blackfly Investments, LLC reported $21,061 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $2,244 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 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Washington (1,405th of 1,714), and 8,365th of 11,911 in health care & social assistance. In 2024, employees put in $1.65 for every $1.00 the employer contributed; active participation has grown from 161 to 185 since 2022.

Plan summary
Net assets, end of year$4,263,643
Participants with balances160
Active participants185
Employer contributions$415,126
Employee contributions$683,429
Employer contribution per active participant$2,244
Average account balance$26,648
Benefits paid to participants$275,199
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 160 accts · $415K emplr
2023$3.0M · 151 accts · $384K emplr
2022$1.7M · 114 accts · $279K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,526
Investment management$15,535
Total administrative$21,061
The Blackfly Investments, LLC 401(k) match · 2024
Employer contribution per active participant$2,244
Median for plans this size$1,313
2024$2,244 per active participant
2023$1,786 per active participant
2022$1,734 per active participant

Blackfly Investments, 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 · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$5,526
SHAREBUILDER ADVISOR LLC · Investment advisory (plan)$15,535

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

Recordkeeper by year2
2024Ascensus
2023Ascensus, PAI

This plan has changed recordkeepers within these filings. If you left Blackfly Investments, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$21,061 · 0.58%
2023$13,168 · 0.57%
2022$8,472 · 0.61%
Same employer
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Community Living WA$4.6M · 0.88%
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Smiles Dental Group, PC WA$4.3M · 0.92%
Farestart WA$4.2M · 0.53%
Multi-Service Center WA$4.1M · 0.02%
Youth Care, Inc. WA$4.1M · 1.06%
Cascade Connections WA$4.1M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273054323 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.