Plan Ledger DOL Form 5500 · updated monthly

Blue Acorn Ici, Inc.401(k)

BLUE ACORN ICI, INC. 401(K) PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Blue Acorn Ici, Inc. reported $79,123 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,135 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 fell from 0.62% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 803rd-largest of 2,005 plans among North Carolina employers on file, and the 1,706th of 5,215 in retail trade. In 2024, employees put in $2.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,111,293
Participants with balances298
Active participants172
Employer contributions$711,225
Employee contributions$1,636,218
Employer contribution per active participant$4,135
Average account balance$57,420
Benefits paid to participants$2,075,874
Plan auditUnmodified (clean) audit opinion
AuditorPKF OCONNOR DAVIES, LLP
Plan history2
Yearassets · accounts · employer contribution
2024$17.1M · 298 accts · $711K emplr
2023$14.7M · 325 accts · $864K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,623
Total administrative$79,123
The Blue Acorn Ici, Inc. 401(k) match · 2024
Employer contribution per active participant$4,135
Median for plans this size$2,416
2024$4,135 per active participant
2023$3,946 per active participant

Blue Acorn Ici, 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 · 20242
GALLAGHER BENEFIT SERVICES INCindirect comp

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

Administrative cost history2
2024$79,123 · 0.50%
2023$79,378 · 0.62%
Same employer
Similar plansRetail Trade · North Carolina
G & B Oil Company, Inc. NC$17.9M · 0.24%
The Building Center, Inc. NC$17.7M · 0.35%
Lee Motor Group Inc. NC$16.2M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 384066461 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.