Plan Ledger DOL Form 5500 · updated monthly

Blazer Industries, Inc.401(k)

BLAZER INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN · AUMSVILLE, OR · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Blazer Industries, Inc. reported $67,245 in plan administrative expenses for 2024: 0.67% of average plan assets, above the peer median. Employer contributions averaged $1,786 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 rose from 0.26% to 0.67%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Oregon (541st of 1,021), and 8,555th of 13,661 in manufacturing. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has grown from 128 to 152 since 2022.

Plan summary
Net assets, end of year$10,508,937
Participants with balances179
Active participants152
Employer contributions$271,498
Employee contributions$598,595
Employer contribution per active participant$1,786
Average account balance$58,709
Benefits paid to participants$966,889
Plan auditUnmodified (clean) audit opinion
AuditorDOUGALL CONRADIE LLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.5M · 179 accts · $271K emplr
2023$9.5M · 149 accts · $233K emplr
2022$9.0M · 155 accts · $214K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,844
Investment management$48,401
Total administrative$67,245
The Blazer Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,786
Median for plans this size$1,313
2024$1,786 per active participant
2023$2,161 per active participant
2022$1,668 per active participant

Blazer Industries, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
FISHER SMB · Investment advisory (plan)$48,401

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$67,245 · 0.67%
2023$62,306 · 0.68%
2022$22,760 · 0.26%
Same employer
Similar plansManufacturing · Oregon
Phoseon Technology Inc. OR$10.7M · 0.27%
Sheldon Manufacturing, Inc. OR$10.7M · 0.05%
Lanz Cabinet Shop, Inc. OR$10.6M · 0.84%
Routeware, Inc. OR$10.6M · 0.12%
Vanguard Ems, Inc. OR$10.3M · 0.67%
Toyo Tanso USA, Inc. OR$10.2M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930719710 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.