Plan Ledger DOL Form 5500 · updated monthly

Blount Construction Company, Inc.ESOP

BLOUNT CONSTRUCTION COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN · MARIETTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Blount Construction Company, Inc. reported $3,940 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,982 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 0.00% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 438th-largest of 2,160 plans among Georgia employers on file, and the 990th of 5,337 in construction. active participation has grown from 104 to 139 since 2022.

Plan summary
Net assets, end of year$54,058,142
Participants with balances181
Active participants139
Employer contributions$1,526,432
Employee contributions—
Employer contribution per active participant$10,982
Average account balance$298,664
Benefits paid to participants$3,624,015
Plan auditUnmodified (clean) audit opinion
AuditorSMITH, ADCOCK AND COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$54.1M · 181 accts · $1.5M emplr
2023$39.3M · 157 accts · $10K emplr
2022$40.9M · 157 accts · $955K emplr
Employer contributions to the Blount Construction Company, Inc. plan · 2024
Employer contribution per active participant$10,982
Median for plans this size$2,416
2024$10,982 per active participant
2023$82 per active participant
2022$9,184 per active participant

Blount Construction Company, Inc.'s 2024 employer contribution ran above the $2,416 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.

Service providers · 20241
TRANSITION FINANCE STRATEGIES, LLC$6,505

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$3,940 · 0.01%
2023$11,086 · 0.03%
2022$1,275 · 0.00%
Same employer
Similar plansConstruction · Georgia
Burton + Burton GA$54.6M · 0.19%
Nth Degree, Inc. GA$40.1M · 0.06%
Cleveland Group, Inc. GA$39.5M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 580670994 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.