Plan Ledger DOL Form 5500 · updated monthly

BLEND360 LLC401(k)

BLEND360 LLC 401(K) PLAN · COLUMBIA, MD · plan year 2024

Reported admin expense ratio · 2024
0.95%

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

BLEND360 LLC reported $119,932 in plan administrative expenses for 2024: 0.95% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,033 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 1.36% to 0.95%. 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 804th-largest of 1,671 plans among Maryland employers on file, and 6,618th of 11,654 in professional & technical services. In 2024, employees put in $3.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,782,281
Participants with balances522
Active participants504
Employer contributions$1,024,784
Employee contributions$3,828,697
Employer contribution per active participant$2,033
Average account balance$28,319
Benefits paid to participants$2,430,834
Plan auditUnmodified (clean) audit opinion
AuditorPBMARES
Plan history3
Yearassets · accounts · employer contribution
2024$14.8M · 522 accts · $1.0M emplr
2023$10.6M · 538 accts · $803K emplr
2022$5.2M · 508 accts · $155K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,794
Investment management$42,138
Total administrative$119,932
The BLEND360 LLC 401(k) match · 2024
Employer contribution per active participant$2,033
Median for plans this size$2,416
2024$2,033 per active participant
2023$1,536 per active participant
2022$315 per active participant

BLEND360 LLC'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$77,794
MORGAN STANLEY GLOBAL BA · Investment advisory (plan)$42,138

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$119,932 · 0.95%
2023$107,542 · 1.36%
2022$59,599 · 1.36%
Same employer
Similar plansProfessional & Technical Services · Maryland
Bridges Consulting, Inc. MD$15.2M · 0.05%
T2S LLC MD$15.2M · 0.10%
Terrapin Systems LLC MD$15.1M · 0.01%
Creoal Consulting, LLC MD$15.1M · 0.01%
Bct LLC MD$14.7M · 0.34%
Ashcraft & Gerel, LLP MD$14.7M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813865356 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.