Plan Ledger DOL Form 5500 · updated monthly

Blue Canyon Technologies, Inc.401(k)

BLUE CANYON TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN · LAFAYETTE, CO · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Blue Canyon Technologies, Inc. reported $148,091 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $4,493 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 0.47% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 298th-largest of 1,461 plans among Colorado employers on file, and the 3,333rd of 11,654 in professional & technical services. In 2024, employees put in $2.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,521,257
Participants with balances570
Active participants426
Employer contributions$1,913,868
Employee contributions$4,126,078
Employer contribution per active participant$4,493
Average account balance$69,336
Benefits paid to participants$3,692,679
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.5M · 570 accts · $1.9M emplr
2023$30.3M · 580 accts · $2.1M emplr
2022$20.5M · 533 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,204
Investment management$84,887
Total administrative$148,091
The Blue Canyon Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$4,493
Median for plans this size$2,416
2024$4,493 per active participant
2023$5,441 per active participant
2022$4,142 per active participant

Blue Canyon Technologies, 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
ALPHA CAPITAL MANAGEMENT GROUP LLC · Investment advisory (plan)$84,887

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$148,091 · 0.42%
2023$115,311 · 0.45%
2022$92,507 · 0.47%
Same employer
Similar plansProfessional & Technical Services · Colorado
Integral Consulting Inc. CO$43.1M · 0.16%
Srs Acquiom Holdings LLC CO$41.7M · 0.39%
Xero, Inc. CO$39.6M · 0.14%
Marx/Okubo Associates, LTD. CO$39.3M · 0.04%
Wvp of Washington PC CO$38.2M · 0.54%
Kpa Services, LLC CO$37.7M · 0.61%
Boulder Associates, Inc. CO$36.9M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262692494 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.