Plan Ledger DOL Form 5500 · updated monthly

Bloomerang, LLC401(k)

BLOOMERANG, LLC 401(K) PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Bloomerang, LLC reported $74,877 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,873 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 1 year on file its reported administrative ratio rose from 0.25% to 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 713th-largest of 1,562 plans among Indiana employers on file, and 1,202nd of 2,199 in information & media. In 2024, employees put in $3.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,293,528
Participants with balances448
Active participants479
Employer contributions$897,049
Employee contributions$3,508,780
Employer contribution per active participant$1,873
Average account balance$34,137
Benefits paid to participants$1,505,440
Plan auditUnmodified (clean) audit opinion
AuditorCASSELL PLAN AUDITS, P.C.
Plan history2
Yearassets · accounts · employer contribution
2024$15.3M · 448 accts · $897K emplr
2023$8.5M · 311 accts · $307K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,299
Investment management$31,578
Total administrative$74,877
The Bloomerang, LLC 401(k) match · 2024
Employer contribution per active participant$1,873
Median for plans this size$2,416
2024$1,873 per active participant
2023$957 per active participant

Bloomerang, 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
ADP, INC. · Loan processing · Recordkeeping$43,298
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$31,577

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

Recordkeeper by year2
2024ADP, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

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

Administrative cost history2
2024$74,877 · 0.63%
2023$20,775 · 0.25%
Same employer
Similar plansInformation & Media · Indiana
Sarkes Tarzian, Inc. IN$37.6M · 0.10%
Endeavor Communications IN$16.5M · 0.19%
Sdi Innovations, Inc. IN$15.6M · 0.57%
Onecause, Inc. IN$14.5M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460707085 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.