Plan Ledger DOL Form 5500 · updated monthly

Bluestone Management Services, LLC401(k)

BLUESTONE PHYSICIAN SERVICES 401(K) PLAN · STILLWATER, MN · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Bluestone Management Services, LLC reported $72,089 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $2,613 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 3 years on file its reported administrative ratio has held roughly steady near 0.310%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 778th-largest of 1,918 plans among Minnesota employers on file, and the 3,134th of 11,911 in health care & social assistance. In 2024, employees put in $1.92 for every $1.00 the employer contributed; active participation has grown from 376 to 486 since 2022.

Plan summary
Net assets, end of year$25,269,564
Participants with balances466
Active participants486
Employer contributions$1,269,870
Employee contributions$2,434,388
Employer contribution per active participant$2,613
Average account balance$54,227
Benefits paid to participants$2,903,621
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.3M · 466 accts · $1.3M emplr
2023$21.2M · 453 accts · $1.2M emplr
2022$16.4M · 334 accts · $895K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,077
Investment management$34,012
Total administrative$72,089
The Bluestone Management Services, LLC 401(k) match · 2024
Employer contribution per active participant$2,613
Median for plans this size$2,416
2024$2,613 per active participant
2023$2,390 per active participant
2022$2,380 per active participant

Bluestone Management Services, LLC'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 · 20242
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$38,077
MMA SECURITIES, LLC · Investment advisory (plan)$34,012

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$72,089 · 0.31%
2023$62,748 · 0.33%
2022$51,449 · 0.31%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Welia Health MN$26.6M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462486806 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.