Plan Ledger DOL Form 5500 · updated monthly

Blue Stream Communications401(k)

BLUE STREAM FIBER 401(K) PLAN · CORAL SPRINGS, FL · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Blue Stream Communications reported $79,364 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,908 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 rose from 0.39% to 0.60%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 1,343rd-largest of 3,644 plans among Florida employers on file, and 1,192nd of 2,199 in information & media. In 2024, employees put in $1.72 for every $1.00 the employer contributed; active participation has grown from 408 to 511 since 2022.

Plan summary
Net assets, end of year$15,528,285
Participants with balances549
Active participants511
Employer contributions$1,485,846
Employee contributions$2,555,782
Employer contribution per active participant$2,908
Average account balance$28,285
Benefits paid to participants$2,053,802
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 549 accts · $1.5M emplr
2023$11.1M · 523 accts · $1.1M emplr
2022$8.5M · 362 accts · $663K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,043
Investment management$40,365
Total administrative$79,364
The Blue Stream Communications 401(k) match · 2024
Employer contribution per active participant$2,908
Median for plans this size$2,416
2024$2,908 per active participant
2023$2,413 per active participant
2022$1,625 per active participant

Blue Stream Communications'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
PARK AVENUE SECURITIES · Investment advisory (plan)$33,056
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,309

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$79,364 · 0.60%
2023$50,732 · 0.52%
2022$32,324 · 0.39%
Same employer
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Ole Media Services, Inc. FL$16.8M · 0.38%
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Nymbus, Inc. FL$16.1M · 0.65%
Tara Group, LLC FL$15.8M · 0.41%
Central Dynamics LLC FL$14.7M · 0.30%
Imagine Believe Realize LLC FL$14.5M · 0.49%
Red Violet, Inc. FL$14.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813278301 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.