Plan Ledger DOL Form 5500 · updated monthly

Blauch Brothers, Inc.401(k)

BLAUCH BROTHERS, INC. 401(K) PROFIT SHARING PLAN · HARRISONBURG, VA · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Blauch Brothers, Inc. reported $42,838 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $3,509 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 0.48% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Virginia (1,357th of 2,266), and 2,886th of 5,337 in construction. In 2024, employees put in $1.28 for every $1.00 the employer contributed; active participation has grown from 104 to 137 since 2022.

Plan summary
Net assets, end of year$11,541,348
Participants with balances164
Active participants137
Employer contributions$480,763
Employee contributions$613,433
Employer contribution per active participant$3,509
Average account balance$70,374
Benefits paid to participants$1,428,731
Plan auditUnmodified (clean) audit opinion
AuditorYOUNT, HYDE AND BARBOUR, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 164 accts · $481K emplr
2023$11.0M · 183 accts · $763K emplr
2022$9.2M · 148 accts · $223K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,838
Total administrative$42,838
The Blauch Brothers, Inc. 401(k) match · 2024
Employer contribution per active participant$3,509
Median for plans this size$2,416
2024$3,509 per active participant
2023$5,867 per active participant
2022$2,143 per active participant

Blauch Brothers, Inc.'s 2024 employer contribution ran above 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$42,126
WELLS FARGO CLEARING SERVICES LLC · Investment advisory (plan)indirect comp
BROWN, EDWARDS & COMPANY, LLP · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$42,838 · 0.38%
2023$54,783 · 0.54%
2022$44,384 · 0.48%
Similar plansConstruction · Virginia
Calvert Masonry, Inc. VA$11.7M · 0.00%
Varney, Inc. VA$11.1M
Lee Hy Paving Corporation VA$11.1M · 0.01%
Williams Industries, Inc. VA$10.9M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540695169 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.