Plan Ledger DOL Form 5500 · updated monthly

Blend Pak Inc401(k)

BLEND PAK INC 401(K) PROFIT SHARING PLAN & TRUST · BLOOMFIELD, KY · plan year 2024

Reported admin expense ratio · 2024
0.94%

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

Blend Pak Inc reported $5,809 in plan administrative expenses for 2024: 0.94% of average plan assets, below the peer median. Employer contributions averaged $1,575 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.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Kentucky (847th of 871), and 4,182nd of 4,246 in wholesale trade. In 2024, employees put in $1.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$620,477
Participants with balances125
Active participants107
Employer contributions$168,532
Employee contributions$191,398
Employer contribution per active participant$1,575
Average account balance$4,964
Benefits paid to participants$53,597
Plan auditUnmodified (clean) audit opinion
AuditorMONROE SHINE & CO., INC.
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,134
Investment management$1,675
Total administrative$5,809
The Blend Pak Inc 401(k) match · 2024
Employer contribution per active participant$1,575
Median for plans this size$540

Blend Pak Inc's 2024 employer contribution ran above the $540 median for plans its size, placing it in the top 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.

Administrative cost history1
2024$5,809 · 0.94%
Similar plansWholesale Trade · Kentucky
Clintwood Jod LLC KY$3.7M · 0.11%
Max Arnold & Sons, LLC KY$2.7M · 0.72%
Childers Oil Co. KY$1.7M · 0.50%
Modani Holdings LLC FL$646K · 1.35%
Reebok International LTD. MA$639K · 0.23%
Mama Lycha Foods, LLC TX$628K · 1.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611189747 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.