Plan Ledger DOL Form 5500 · updated monthly

Blue Dot Readi-Mix, LLC401(k)

BLUE DOT READI-MIX, LLC 401(K) RETIREMENT PLAN · MINT HILL, NC · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Blue Dot Readi-Mix, LLC reported $4,681 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,237 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 0.11% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in North Carolina (1,241st of 2,005), and 3,393rd of 5,337 in construction. In 2024, employees put in $2.99 for every $1.00 the employer contributed; active participation has grown from 177 to 203 since 2022.

Plan summary
Net assets, end of year$7,981,583
Participants with balances132
Active participants203
Employer contributions$251,030
Employee contributions$751,746
Employer contribution per active participant$1,237
Average account balance$60,467
Benefits paid to participants$275,376
Plan auditUnmodified (clean) audit opinion
AuditorDODSON SHELTON NELSON
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 132 accts · $251K emplr
2023$6.4M · 120 accts · $232K emplr
2022$4.8M · 117 accts · $207K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,681
Total administrative$4,681
The Blue Dot Readi-Mix, LLC 401(k) match · 2024
Employer contribution per active participant$1,237
Median for plans this size$1,313
2024$1,237 per active participant
2023$1,432 per active participant
2022$1,169 per active participant

Blue Dot Readi-Mix, LLC's 2024 employer contribution ran below the $1,313 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$4,681

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$4,681 · 0.07%
2023$5,841 · 0.10%
2022$5,277 · 0.11%
Same employer
Similar plansConstruction · North Carolina
Guy M. Turner, Inc. NC$8.7M · 0.04%
Infrastripe, LLC NC$8.5M · 0.06%
National Power, LLC NC$8.0M · 0.54%
Omega Construction, Inc. NC$7.9M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201806330 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.