Plan Ledger DOL Form 5500 · updated monthly

Blue Force, Inc.401(k)

BLUE FORCE 401(K) PROFIT SHARING PLAN · HAMPTON, VA · plan year 2023

Reported admin expense ratio · 2023
0.16%

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

Blue Force, Inc. reported $13,594 in plan administrative expenses for 2023: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,295 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 0.16% to 0.15%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,517th of 2,266), and 8,272nd of 11,654 in professional & technical services. In 2023, employees put in $2.08 for every $1.00 the employer contributed; active participation has shrunk from 77 to 64 since 2022.

Plan summary
Net assets, end of year$9,159,741
Participants with balances181
Active participants64
Employer contributions$274,859
Employee contributions$572,964
Employer contribution per active participant$4,295
Average account balance$50,606
Benefits paid to participants$835,882
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 154 accts · $208K emplr
2023$9.2M · 181 accts · $275K emplr
2022$7.9M · 230 accts · $496K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$594
Total administrative$13,594
The Blue Force, Inc. 401(k) match · 2023
Employer contribution per active participant$4,295
Median for plans this size$1,308
2024$5,071 per active participant
2023$4,295 per active participant
2022$6,442 per active participant

Blue Force, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$13,594
NORTHWESTERN MUTUAL INVESTMENTindirect comp

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$13,400 · 0.15%
2023$13,594 · 0.16%
2022$14,187 · 0.16%
All plans at this employer2
BLUE FORCE 401(K) PROFIT SHARING PLAN401(k)
BLUEFORCE, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansProfessional & Technical Services · Virginia
Id.Me, Inc. VA$9.3M · 0.47%
Electrosoft Services Inc. VA$9.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 651187322 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.