Plan Ledger DOL Form 5500 · updated monthly

Blu Dot Design & Manufacturing, Inc.401(k)

BLU DOT DESIGN & MANUFACTURING 401(K) PROFIT SHARING PLAN & TRUST · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Blu Dot Design & Manufacturing, Inc. reported $87,971 in plan administrative expenses for 2024: 0.73% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,869 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 3 years on file its reported administrative ratio has held roughly steady near 0.73%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Minnesota (1,151st of 1,918), and 7,724th of 13,661 in manufacturing. In 2024, employees put in $2.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,969,975
Participants with balances354
Active participants215
Employer contributions$401,822
Employee contributions$1,162,006
Employer contribution per active participant$1,869
Average account balance$36,638
Benefits paid to participants$1,902,303
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.0M · 354 accts · $402K emplr
2023$11.0M · 329 accts · $164K emplr
2022$9.2M · 299 accts · $457K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,531
Investment management$45,440
Total administrative$87,971
The Blu Dot Design & Manufacturing, Inc. 401(k) match · 2024
Employer contribution per active participant$1,869
Median for plans this size$2,416
2024$1,869 per active participant
2023$744 per active participant
2022$2,050 per active participant

Blu Dot Design & Manufacturing, Inc.'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 · 20243
CHRISTENSEN GROUP FINANCIAL LLC · Investment advisory (plan)$39,351
EMPOWER ADVISORY GROUP, LLC · Investment management$6,089

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$87,971 · 0.73%
2023$72,923 · 0.72%
2022$72,250 · 0.74%
Same employer
Similar plansManufacturing · Minnesota
Lakeshirts, Inc. MN$13.6M · 0.60%
Sabrosura Foods, LLC MN$13.5M · 0.68%
Thern, Inc. MN$13.3M · 0.03%
The Dynamic Group, Inc MN$13.0M · 0.06%
L&M Radiator, Inc. MN$12.9M · 0.73%
Felling Trailers, Inc. MN$12.9M · 0.78%
Gls Industries, Inc. MN$12.8M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411860158 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.