Plan Ledger DOL Form 5500 · updated monthly

Blue Stone Therapy, Inc.401(k)

BLUE STONE THERAPY 401(K) PLAN · URBANDALE, IA · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Blue Stone Therapy, Inc. reported $49,272 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $345 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 rose from 0.19% to 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Iowa (630th of 878), and 6,566th of 11,911 in health care & social assistance. In 2024, employees put in $4.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,715,290
Participants with balances370
Active participants796
Employer contributions$275,005
Employee contributions$1,105,034
Employer contribution per active participant$345
Average account balance$20,852
Benefits paid to participants$570,060
Plan auditUnmodified (clean) audit opinion
AuditorPOTTER & BRANT, PLC
Plan history2
Yearassets · accounts · employer contribution
2024$7.7M · 370 accts · $275K emplr
2023$5.8M · 273 accts · $68K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,272
Total administrative$49,272
The Blue Stone Therapy, Inc. 401(k) match · 2024
Employer contribution per active participant$345
Median for plans this size$1,313
2024$345 per active participant
2023$108 per active participant

Blue Stone Therapy, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$49,271
MURRAY FINANCIAL GROUP, LLC · Investment advisory (plan)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$49,272 · 0.73%
2023$11,196 · 0.19%
Same employer
Similar plansHealth Care & Social Assistance · Iowa
Iowa Home Care, LLC IA$8.0M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841787423 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.