Plan Ledger DOL Form 5500 · updated monthly

Blue Ocean Realty, LLC401(k)

BLUE OCEAN REALTY, LLC RETIREMENT PLAN · REISTERSTOWN, MD · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Blue Ocean Realty, LLC reported $171 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,094 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 8 years on file its reported administrative ratio fell from 0.23% to 0.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Maryland (1,506th of 1,671), and 1,830th of 2,096 in real estate & leasing. In 2024, employees put in $3.36 for every $1.00 the employer contributed; active participation has shrunk from 110 to 56 since 2016.

Plan summary
Net assets, end of year$2,241,644
Participants with balances115
Active participants56
Employer contributions$61,242
Employee contributions$205,534
Employer contribution per active participant$1,094
Average account balance$19,493
Benefits paid to participants$231,640
Plan auditUnmodified (clean) audit opinion
AuditorLUXENBURG & BRONFIN LLC
Plan history5
Yearassets · accounts · employer contribution
2024$2.2M · 115 accts · $61K emplr
2023$2.0M · 115 accts · $72K emplr
2022$1.6M · 106 accts · $72K emplr
2017$449K · 51 accts · $7K emplr
2016$288K · 38 accts · $24K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$171
Total administrative$171
The Blue Ocean Realty, LLC 401(k) match · 2024
Employer contribution per active participant$1,094
Median for plans this size$1,313
2024$1,094 per active participant
2023$989 per active participant
2022$1,059 per active participant
2017$67 per active participant
2016$220 per active participant

Blue Ocean Realty, 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.

Administrative cost history5
2024$171 · 0.01%
2023$89 · 0.00%
2022$516 · 0.03%
2017$195 · 0.05%
2016$540 · 0.23%
Similar plansReal Estate & Leasing · Maryland
Ct Associates, Inc. MD$4.2M · 0.10%
Avanath Realty Inc CA$2.3M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201875198 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.