Plan Ledger DOL Form 5500 · updated monthly

Blevins, Inc.401(k)

BLEVINS, INC. RETIREMENT PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Blevins, Inc. reported $119,241 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $3,558 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 0.38% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 299th-largest of 1,496 plans among Tennessee employers on file, and the 887th of 4,246 in wholesale trade. In 2024, the employer put in $1.11 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$46,424,378
Participants with balances507
Active participants509
Employer contributions$1,810,871
Employee contributions$1,631,044
Employer contribution per active participant$3,558
Average account balance$91,567
Benefits paid to participants$3,561,324
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$46.4M · 507 accts · $1.8M emplr
2023$41.2M · 470 accts · $1.9M emplr
2022$34.8M · 433 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,344
Investment management$65,897
Total administrative$119,241
The Blevins, Inc. 401(k) match · 2024
Employer contribution per active participant$3,558
Median for plans this size$2,416
2024$3,558 per active participant
2023$3,582 per active participant
2022$4,726 per active participant

Blevins, 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 · 20243
IFP ADVISORS INC · Investment advisory (plan)$65,527
DWC ERISA CONSULTANTS LLC · Contract administrator$26,101

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$119,241 · 0.27%
2023$88,629 · 0.23%
2022$140,463 · 0.38%
Same employer
Similar plansWholesale Trade · Tennessee
Ingram Entertainment Inc. TN$70.3M · 0.03%
Hand Family Companies, LLC TN$51.5M · 0.30%
Wirtgen America, Inc. TN$46.4M · 0.18%
Fred's, Inc. TN$39.4M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620852422 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.