Plan Ledger DOL Form 5500 · updated monthly

Blankenship CPA Group, PLLC401(k)

BLANKENSHIP CPA GROUP 401(K) PROFIT SHARING PLAN · BRENTWOOD, TN · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Blankenship CPA Group, PLLC reported $56,965 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,177 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 0.51% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 742nd-largest of 1,496 plans among Tennessee employers on file, and 7,100th of 11,654 in professional & technical services. In 2024, employees put in $3.32 for every $1.00 the employer contributed; active participation has grown from 137 to 168 since 2022.

Plan summary
Net assets, end of year$12,993,132
Participants with balances146
Active participants168
Employer contributions$365,753
Employee contributions$1,215,230
Employer contribution per active participant$2,177
Average account balance$88,994
Benefits paid to participants$726,313
Plan auditUnmodified (clean) audit opinion
AuditorBLACKBURN, CHILDERS & STEAGALL, PLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.0M · 146 accts · $366K emplr
2023$10.5M · 131 accts · $269K emplr
2022$8.4M · 125 accts · $274K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,965
Total administrative$56,965
The Blankenship CPA Group, PLLC 401(k) match · 2024
Employer contribution per active participant$2,177
Median for plans this size$2,416
2024$2,177 per active participant
2023$1,806 per active participant
2022$1,997 per active participant

Blankenship CPA Group, PLLC'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
SAGESPRING WEALTH PARTNERS · Investment advisory (plan)$40,614
CAPITAL GROUP RETIREMENT PLAN SER.$15,241
ACUFF & ASSOCIATES · Contract administrator$840
JULY BUSINESS SERVICES · Contract administrator$270

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$56,965 · 0.48%
2023$49,226 · 0.52%
2022$45,140 · 0.51%
Same employer
Similar plansProfessional & Technical Services · Tennessee
Built Technologies TN$14.3M · 0.59%
Avertium, LLC TN$13.3M · 0.52%
Lisega, Inc. TN$12.9M · 0.59%
Marion Environmental, Inc. TN$12.8M · 0.35%
The Buntin Group, Inc. TN$12.8M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450491842 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.