Plan Ledger DOL Form 5500 · updated monthly

Blumenthal Distributing, Inc.401(k)

OFFICE STAR PRODUCTS 401(K) PLAN · ONTARIO, CA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Blumenthal Distributing, Inc. reported $58,963 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,307 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 0.33% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 3,885th-largest of 9,483 plans among California employers on file, and the 1,608th of 5,215 in retail trade. In 2024, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,119,009
Participants with balances111
Active participants126
Employer contributions$290,730
Employee contributions$530,833
Employer contribution per active participant$2,307
Average account balance$163,234
Benefits paid to participants$561,449
Plan auditUnmodified (clean) audit opinion
AuditorGREEN HASSON & JANKS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.1M · 111 accts · $291K emplr
2023$15.5M · 110 accts · $304K emplr
2022$13.5M · 112 accts · $332K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,963
Total administrative$58,963
The Blumenthal Distributing, Inc. 401(k) match · 2024
Employer contribution per active participant$2,307
Median for plans this size$2,416
2024$2,307 per active participant
2023$2,202 per active participant
2022$2,513 per active participant

Blumenthal Distributing, Inc.'s 2024 employer contribution ran below 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$58,963
SAGEVIEW ADVISORY GROUP · Investment advisory (plan)indirect comp

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$58,963 · 0.35%
2023$49,251 · 0.34%
2022$48,562 · 0.33%
Similar plansRetail Trade · California
Thredup Inc. CA$18.5M · 0.40%
Weee Inc. CA$18.2M · 0.11%
Knight Holdings, Inc. CA$18.2M · 0.09%
Redbubble Inc. CA$18.1M · 0.02%
Balanced Body Inc. CA$18.0M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953887135 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.