Plan Ledger DOL Form 5500 · updated monthly

Bluemedia, Inc.401(k)

BLUEMEDIA 401(K) & PROFIT SHARING PLAN · TEMPE, AZ · plan year 2023

Reported admin expense ratio · 2023
0.95%

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

Bluemedia, Inc. reported $21,205 in plan administrative expenses for 2023: 0.95% of average plan assets, higher than ~75% of peers. Employer contributions averaged $643 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 0.54% to 0.95%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Arizona (1,039th of 1,285), and 10,802nd of 11,654 in professional & technical services. In 2023, employees put in $5.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,252,549
Participants with balances96
Active participants99
Employer contributions$63,698
Employee contributions$349,323
Employer contribution per active participant$643
Average account balance$23,464
Benefits paid to participants$567,761
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$2.3M · 96 accts · $64K emplr
2022$2.2M · 124 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$20,921
Investment management$284
Total administrative$21,205
The Bluemedia, Inc. 401(k) match · 2023
Employer contribution per active participant$643
Median for plans this size$1,308

Bluemedia, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ADP, INC. · Loan processing · Recordkeeping$21,204

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

Administrative cost history2
2023$21,205 · 0.95%
2022$11,890 · 0.54%
Same employer
Similar plansProfessional & Technical Services · Arizona
Kt Consulting - Az, LLC AZ$2.5M · 0.74%
Ateah Management LLC AZ$2.5M · 1.24%
Protex AZ$2.4M · 0.57%
J.P. Industries, Inc. AZ$2.0M · 1.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 861036202 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.