What are the fees in the Blue Central Admin, LLC 401(k) plan?

For plan year 2023, Blue Central Admin, LLC reported $14,389 in plan administrative expenses, or 1.71% of average plan assets — above the peer median. Fund-level expense ratios are not included in public filings.

What is the Blue Central Admin, LLC 401(k) match?

In 2023, employer contributions to the Blue Central Admin, LLC plan averaged $453 per active participant, below the $522 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Blue Central Admin, LLC 401(k)?

The average participant account balance was $4,150 for plan year 2023, based on 275 accounts.

Blue Central Admin, LLC401(k)

Name: Blue Central Admin, LLC 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

BLUE CENTRAL ADMIN 401(K) PLAN · BROOKLYN, NY · plan year 2023

Reported admin expense ratio · 2023

1.71%

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

Blue Central Admin, LLC reported $14,389 in plan administrative expenses for 2023: 1.71% of average plan assets, above the peer median. Employer contributions averaged $453 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.

The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (5,308th of 5,648), and 3,040th of 3,341 in other services. In 2023, employees put in $1.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,141,272
Participants with balances275
Active participants529
Employer contributions$239,390
Employee contributions$304,108
Employer contribution per active participant$453
Average account balance$4,150
Benefits paid to participants$61,340

Administrative expenses, itemized · 2023

Recordkeeping & contract admin$14,389

Total administrative$14,389

The Blue Central Admin, LLC 401(k) match · 2023

Employer contribution per active participant$453

Median for plans this size$522

Blue Central Admin, LLC's 2023 employer contribution ran below the $522 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

Your balance

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2023$14,389 · 1.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 871852164 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.