Plan Ledger DOL Form 5500 · updated monthly

Blackhawk Industrial Distribution, Inc.401(k)

BLACKHAWK INDUSTRIAL DISTRIBUTION, INC. 401(K) PLAN · TULSA, OK · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Blackhawk Industrial Distribution, Inc. reported $94,486 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $2,756 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 fell from 0.20% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 79th-largest of 724 plans among Oklahoma employers on file, and the 2,506th of 13,661 in manufacturing. In 2024, employees put in $2.23 for every $1.00 the employer contributed; active participation has grown from 838 to 1,004 since 2022.

Plan summary
Net assets, end of year$68,436,110
Participants with balances1,209
Active participants1,004
Employer contributions$2,766,906
Employee contributions$6,157,135
Employer contribution per active participant$2,756
Average account balance$56,606
Benefits paid to participants$6,580,353
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$68.4M · 1,209 accts · $2.8M emplr
2023$55.0M · 1,148 accts · $2.5M emplr
2022$42.0M · 1,012 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,960
Audit (IQPA)$20,625
Total administrative$94,486
The Blackhawk Industrial Distribution, Inc. 401(k) match · 2024
Employer contribution per active participant$2,756
Median for plans this size$3,635
2024$2,756 per active participant
2023$2,530 per active participant
2022$2,491 per active participant

Blackhawk Industrial Distribution, Inc.'s 2024 employer contribution ran below the $3,635 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
T ROWE PRICE RPS INC · Recordkeeping · Trustee$15,960
MERCER · Consulting$57,901
HOGANTAYLOR LLP · Accounting / audit$20,625

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$94,486 · 0.15%
2023$54,694 · 0.11%
2022$86,658 · 0.20%
Same employer
Similar plansManufacturing · Oklahoma
Webco Industries, Inc. OK$99.8M · 0.10%
Kimray, Inc. OK$99.5M · 2.17%
The Bama Companies, Inc. OK$78.2M · 0.31%
Gemini Industries, Inc. OK$76.3M · 0.10%
Lopez Food, Inc. OK$66.3M · 0.29%
McElroy Manufacturing, Inc. OK$64.8M · 0.09%
Cfs Brands LLC OK$63.3M · 0.14%
W&W-Afco Steel LLC OK$62.2M · 0.17%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 273505619 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.