Plan Ledger DOL Form 5500 · updated monthly

Blg Logistics, Inc.401(k)

BLG LOGISTICS INC. 401(K) PROFIT SHARING PLAN · NORTHPORT, AL · plan year 2023

Reported admin expense ratio · 2023
0.22%

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

Blg Logistics, Inc. reported $4,431 in plan administrative expenses for 2023: 0.22% of average plan assets, below the peer median. Employer contributions averaged $808 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 0.28% to 0.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Alabama (788th of 902), and 2,081st of 2,677 in transportation & warehousing. In 2023, employees put in $1.59 for every $1.00 the employer contributed; active participation has grown from 185 to 216 since 2022.

Plan summary
Net assets, end of year$2,210,332
Participants with balances419
Active participants216
Employer contributions$174,591
Employee contributions$276,746
Employer contribution per active participant$808
Average account balance$5,275
Benefits paid to participants$442,016
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.1M · 158 accts · $171K emplr
2023$2.2M · 419 accts · $175K emplr
2022$1.9M · 237 accts · $149K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,431
Total administrative$4,431
The Blg Logistics, Inc. 401(k) match · 2023
Employer contribution per active participant$808
Median for plans this size$1,308
2024$836 per active participant
2023$808 per active participant
2022$807 per active participant

Blg Logistics, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ONEAMERICA RETIREMENT SERVICES, LLC · Recordkeeping · Participant communication$4,431
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$17,937 · 0.82%
2023$4,431 · 0.22%
2022$5,373 · 0.28%
Similar plansTransportation & Warehousing · Alabama
Evergreen Transport LLC AL$1.9M · 0.02%
Benny Whitehead, Inc AL$1.4M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900169021 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.