Plan Ledger DOL Form 5500 · updated monthly

Blue Beacon, Inc.401(k)

BLUE BEACON, INC. PROFIT SHARING/401(K) PLAN · SALINA, KS · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Blue Beacon, Inc. reported $422,025 in plan administrative expenses for 2024: 0.30% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,192 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 0.30%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 50th-largest of 828 plans among Kansas employers on file, and the 123rd of 3,341 in other services. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 2,418 to 2,721 since 2022.

Plan summary
Net assets, end of year$147,061,880
Participants with balances2,369
Active participants2,721
Employer contributions$3,243,848
Employee contributions$6,668,228
Employer contribution per active participant$1,192
Average account balance$62,078
Benefits paid to participants$11,842,628
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$147.1M · 2,369 accts · $3.2M emplr
2023$132.1M · 2,501 accts · $3.1M emplr
2022$113.2M · 2,498 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$247,744
Investment management$157,281
Audit (IQPA)$17,000
Total administrative$422,025
The Blue Beacon, Inc. 401(k) match · 2024
Employer contribution per active participant$1,192
Median for plans this size$3,635
2024$1,192 per active participant
2023$1,185 per active participant
2022$1,236 per active participant

Blue Beacon, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20244
ALLEN, GIBBS & HOULIK, LC · Recordkeeping$247,744
TWO WEST · Pension consulting · Investment advisory (plan)$79,564
WELLS FARGO ADVISORS · Investment advisory (participants) · Investment advisory (plan)$77,715
KCOE ISOM, LLP · Accounting / audit$17,000

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

Recordkeeper by year2
2024ALLEN, GIBBS & HOULIK, LC
2023ALLEN, GIBBS & HOULIK, LC

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Administrative cost history3
2024$422,025 · 0.30%
2023$416,565 · 0.34%
2022$388,229 · 0.31%
Same employer
Similar plansOther Services · Kansas
Tenerity, Inc. TX$150.3M · 0.06%
Christie's Inc. NY$148.3M · 0.07%
Youth Villages, Inc. TN$146.4M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480843137 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.