Plan Ledger DOL Form 5500 · updated monthly

Blueally Technology LLC401(k)

BLUEALLY TECHNOLOGY SOLUTIONS 401(K) PLAN · CARY, NC · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Blueally Technology LLC reported $142,695 in plan administrative expenses for 2024: 0.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,981 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 0.42% to 0.28%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 343rd-largest of 2,005 plans among North Carolina employers on file, and the 2,481st of 11,654 in professional & technical services. In 2024, employees put in $3.00 for every $1.00 the employer contributed; active participation has grown from 205 to 384 since 2022.

Plan summary
Net assets, end of year$56,832,781
Participants with balances440
Active participants384
Employer contributions$1,528,784
Employee contributions$4,588,299
Employer contribution per active participant$3,981
Average account balance$129,165
Benefits paid to participants$5,624,427
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$56.8M · 440 accts · $1.5M emplr
2023$44.0M · 266 accts · $678K emplr
2022$13.4M · 226 accts · $562K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,510
Investment management$89,185
Total administrative$142,695
The Blueally Technology LLC 401(k) match · 2024
Employer contribution per active participant$3,981
Median for plans this size$3,635
2024$3,981 per active participant
2023$2,422 per active participant
2022$2,742 per active participant

Blueally Technology LLC's 2024 employer contribution ran above the $3,635 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
MMA SECURITIES, LLC · Recordkeeping · Trustee$89,184
ADP, INC. · Loan processing · Recordkeeping$53,509

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

Recordkeeper by year2
2024ADP, MMA SECURITIES, LLC
2023ADP, MMA SECURITIES, LLC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$142,695 · 0.28%
2023$50,327 · 0.18%
2022$53,030 · 0.42%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Drake Software NC$60.9M · 0.54%
Midrex Technologies, Inc. NC$59.9M · 0.22%
Aquity Solutions, LLC NC$59.6M · 0.62%
Bioagilytix Labs, LLC NC$57.4M · 0.38%
Digital Turbine Inc. NC$55.4M · 0.23%
Market America, Inc. NC$52.8M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371736155 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.