Plan Ledger DOL Form 5500 · updated monthly

Blufox Mobile Services 1, Inc.ESOP

BLUFOX MOBILE SERVICES 1, INC. EMPLOYEE STOCK OWNERSHIP PLAN · PLAINVIEW, NY · plan year 2024

Employer contribution per participant · 2024
$16,138

Blufox Mobile Services 1, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held -$24,779,550 across 320 participant accounts, with employer contributions averaging $16,138 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other retail trade employers.

Plan summary
Net assets, end of year-$24,779,550
Participants with balances320
Active participants111
Employer contributions$1,791,370
Employee contributions—
Employer contribution per active participant$16,138
Average account balance-$77,436
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$-24.8M · 320 accts · $1.8M emplr
2023$-26.7M · 281 accts · $1.2M emplr
2022$-31.6M · 255 accts · $1.5M emplr
Employer contributions to the Blufox Mobile Services 1, Inc. plan · 2024
Employer contribution per active participant$16,138
Median for plans this size$540
2024$16,138 per active participant
2023$13,643 per active participant
2022$13,842 per active participant

Blufox Mobile Services 1, Inc.'s 2024 employer contribution ran above the $540 median for plans its size, placing it in the top 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported

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Source: U.S. Department of Labor, Form 5500 series, EIN 352617011 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.