Plan Ledger DOL Form 5500 · updated monthly

Blueground US, Inc.401(k)

BLUEGROUND US, INC. 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Blueground US, Inc. reported $5,798 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.06% to 0.11%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New York (4,291st of 5,648), and the 800th of 2,240 in accommodation & food services. active participation has shrunk from 377 to 198 since 2022.

Plan summary
Net assets, end of year$5,964,362
Participants with balances240
Active participants198
Employer contributions$0
Employee contributions$1,226,043
Employer contribution per active participant$0
Average account balance$24,852
Benefits paid to participants$983,735
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 240 accts
2023$4.5M · 281 accts
2022$1.9M · 323 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,798
Total administrative$5,798
The Blueground US, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Blueground US, 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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$3,490

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$5,798 · 0.11%
2023$1,408 · 0.04%
2022$903 · 0.06%
Same employer
Similar plansAccommodation & Food Services · New York
White Management Corp. NY$6.5M · 0.13%
Campgroup, LLC NY$6.1M · 0.08%
Cater to You, Inc. NY$5.7M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822134247 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.