Plan Ledger DOL Form 5500 · updated monthly

Blox LLC401(k)

BLOX, LLC 401(K) PLAN · BESSEMER, AL · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Blox LLC reported $61,580 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. Employer contributions averaged $1,491 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 0.90% to 0.74%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Alabama (470th of 902), and 3,125th of 5,337 in construction. In 2024, employees put in $1.56 for every $1.00 the employer contributed; active participation has grown from 465 to 660 since 2022.

Plan summary
Net assets, end of year$9,756,112
Participants with balances690
Active participants660
Employer contributions$983,820
Employee contributions$1,534,641
Employer contribution per active participant$1,491
Average account balance$14,139
Benefits paid to participants$1,121,574
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 690 accts · $984K emplr
2023$6.8M · 613 accts · $761K emplr
2022$3.7M · 477 accts · $616K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,580
Total administrative$61,580
The Blox LLC 401(k) match · 2024
Employer contribution per active participant$1,491
Median for plans this size$1,313
2024$1,491 per active participant
2023$1,199 per active participant
2022$1,325 per active participant

Blox LLC's 2024 employer contribution ran above the $1,313 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$61,580

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$61,580 · 0.74%
2023$24,814 · 0.47%
2022$29,644 · 0.90%
Similar plansConstruction · Alabama
Davidson Homes, LLC AL$9.9M · 0.31%
Boatright Company, Inc. AL$8.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611652553 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.