Plan Ledger DOL Form 5500 · updated monthly

Blue Ridge Beverage Company, Inc.401(k)

BLUE RIDGE BEVERAGE COMPANY, INC. PROFIT SHARING PLAN · SALEM, VA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Blue Ridge Beverage Company, Inc. reported $88,857 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $1,543 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 0.34% to 0.29%. 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 the 713th-largest of 2,266 plans among Virginia employers on file, and the 1,317th of 4,246 in wholesale trade. In 2024, employees put in $2.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,093,405
Participants with balances572
Active participants487
Employer contributions$751,524
Employee contributions$1,878,436
Employer contribution per active participant$1,543
Average account balance$54,359
Benefits paid to participants$4,185,240
Plan auditUnmodified (clean) audit opinion
AuditorWALKER HEALTHCARE CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$31.1M · 572 accts · $752K emplr
2023$29.3M · 585 accts · $703K emplr
2022$25.4M · 583 accts · $638K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$88,857
Total administrative$88,857
The Blue Ridge Beverage Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,543
Median for plans this size$2,416
2024$1,543 per active participant
2023$1,414 per active participant
2022$1,418 per active participant

Blue Ridge Beverage Company, Inc.'s 2024 employer contribution ran below 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 · 20242
JPMORGAN INVEST HOLDINGS LLC$60,268
HARBOR INVESTMENT ADVISORY LLC · Investment advisory (plan)$60,000

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$88,857 · 0.29%
2023$84,992 · 0.31%
2022$81,459 · 0.34%
Same employer
Similar plansWholesale Trade · Virginia
Sonny Merryman, Inc. VA$33.2M · 0.36%
Electro-Mechanical, LLC VA$33.0M · 0.24%
C & F Enterprises, Inc. VA$30.0M · 0.34%
Vamac, Incorporated VA$26.1M · 0.17%
Arco Innovations, Inc VA$25.6M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540143872 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.