Plan Ledger DOL Form 5500 · updated monthly

Bland Landscaping Company, Inc.401(k)

BLAND LANDSCAPING COMPANY, INC. 401(K) PROFIT SHARING PLAN & TRUST · APEX, NC · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Bland Landscaping Company, Inc. reported $12,393 in plan administrative expenses for 2024: 0.21% of average plan assets, lower than ~75% of peers. Employer contributions averaged $265 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 0.30% to 0.21%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in North Carolina (1,334th of 2,005), and 1,274th of 2,534 in administrative & support services. In 2024, employees put in $3.30 for every $1.00 the employer contributed; active participation has grown from 249 to 408 since 2022.

Plan summary
Net assets, end of year$6,508,237
Participants with balances110
Active participants408
Employer contributions$108,205
Employee contributions$357,422
Employer contribution per active participant$265
Average account balance$59,166
Benefits paid to participants$241,021
Plan auditUnmodified (clean) audit opinion
AuditorMELISSA G. CRITCHER, CPA PC
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 110 accts · $108K emplr
2023$5.4M · 98 accts · $75K emplr
2022$4.4M · 86 accts · $72K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,170
Investment management$3,223
Total administrative$12,393
The Bland Landscaping Company, Inc. 401(k) match · 2024
Employer contribution per active participant$265
Median for plans this size$1,313
2024$265 per active participant
2023$269 per active participant
2022$288 per active participant

Bland Landscaping Company, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
EDWARD JONES & CO LP · Investment advisory (plan)$16,761
MVP PLAN ADMINISTRATORS, INC. · Contract administrator$7,752

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$12,393 · 0.21%
2023$21,458 · 0.44%
2022$14,531 · 0.30%
Same employer
Similar plansAdministrative & Support Services · North Carolina
Castle Branch, Inc NC$7.8M · 0.24%
Leaseaccelerator, Inc. NC$7.7M · 0.41%
Sunstates Security, LLC NC$6.8M · 0.63%
Crg Corporation NC$6.4M · 0.28%
Academi LLC NC$6.1M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823489284 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.