Plan Ledger DOL Form 5500 · updated monthly

Blaine Brothers Maintenance, Inc.401(k)

BLAINE BROTHERS MAINTENANCE, INC. RETIREMENT PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Blaine Brothers Maintenance, Inc. reported $111,614 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $1,350 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 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 741st-largest of 1,918 plans among Minnesota employers on file, and the 799th of 3,341 in other services. In 2024, employees put in $5.20 for every $1.00 the employer contributed; active participation has grown from 320 to 376 since 2022.

Plan summary
Net assets, end of year$27,227,553
Participants with balances445
Active participants376
Employer contributions$507,533
Employee contributions$2,639,289
Employer contribution per active participant$1,350
Average account balance$61,186
Benefits paid to participants$1,124,043
Plan auditUnmodified (clean) audit opinion
AuditorBARTON WALTER & KRIER, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$27.2M · 445 accts · $508K emplr
2023$21.9M · 474 accts · $408K emplr
2022$16.8M · 421 accts · $275K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$111,614
Total administrative$111,614
The Blaine Brothers Maintenance, Inc. 401(k) match · 2024
Employer contribution per active participant$1,350
Median for plans this size$2,416
2024$1,350 per active participant
2023$1,109 per active participant
2022$861 per active participant

Blaine Brothers Maintenance, 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 · 20244
RESOURCES INVESTMENT ADVISORS, LLC · Investment management$50,941
TSC 401K · Contract administrator$37,317
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$25,000

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$111,614 · 0.45%
2023$58,723 · 0.30%
2022$78,112 · 0.44%
Same employer
Similar plansOther Services · Minnesota
Guthrie Theater Foundation MN$31.1M · 0.01%
National Co+Op Grocers MN$26.9M · 0.02%
Lamettrys Collision, Inc. MN$25.4M · 0.36%
Juut Holdings, Inc. MN$25.3M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411379303 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.