Plan Ledger DOL Form 5500 · updated monthly

Blue Raven Solutions, LLC401(k)

BLUE RAVEN SOLUTIONS LLC 401(K) PLAN · MORRISTOWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Blue Raven Solutions, LLC reported $72,742 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,884 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 1 year on file its reported administrative ratio fell from 0.65% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New Jersey (1,224th of 2,419), and 2,318th of 4,246 in wholesale trade. In 2024, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,508,381
Participants with balances157
Active participants160
Employer contributions$621,363
Employee contributions$1,380,230
Employer contribution per active participant$3,884
Average account balance$98,779
Benefits paid to participants$650,487
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$15.5M · 157 accts · $621K emplr
2023$11.9M · 159 accts · $571K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,556
Investment management$42,186
Total administrative$72,742
The Blue Raven Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$3,884
Median for plans this size$2,416
2024$3,884 per active participant
2023$3,191 per active participant

Blue Raven Solutions, LLC's 2024 employer contribution ran above the $2,416 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 · 20243
CREATIVE PLANNING, LLC · Investment advisory (plan)$42,186
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$30,556
CREATIVE PLANNING, LLC · Investment advisory (participants)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$72,742 · 0.53%
2023$51,353 · 0.65%
Same employer
Similar plansWholesale Trade · New Jersey
Extra Sportswear, LTD. NJ$15.9M · 0.09%
Exeltis USA Inc NJ$15.8M · 0.11%
Poy Holdings LLC NJ$15.8M · 0.43%
Crp Industries, Inc. NJ$15.0M · 0.00%
Gma Accessories Inc. NJ$14.6M · 0.65%
Rugsusa, LLC NJ$14.5M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842736792 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.