Plan Ledger DOL Form 5500 · updated monthly

Blumont, Inc.403(b)

BLUMONT, INC. 403(B) DC PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Blumont, Inc. reported $33,703 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,086 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 0.102%. 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 650th-largest of 2,266 plans among Virginia employers on file, and the 2,459th of 11,911 in health care & social assistance. In 2024, employees put in $2.28 for every $1.00 the employer contributed; active participation has grown from 70 to 77 since 2022.

Plan summary
Net assets, end of year$35,177,709
Participants with balances331
Active participants77
Employer contributions$391,632
Employee contributions$891,098
Employer contribution per active participant$5,086
Average account balance$106,277
Benefits paid to participants$1,378,405
Plan auditUnmodified (clean) audit opinion
AuditorBLACKBURN, CHILDERS & STEAGALL, PLC
Plan history3
Yearassets · accounts · employer contribution
2024$35.2M · 331 accts · $392K emplr
2023$30.9M · 335 accts · $384K emplr
2022$27.7M · 349 accts · $320K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,702
Total administrative$33,703
Employer contributions to the Blumont, Inc. plan · 2024
Employer contribution per active participant$5,086
Median for plans this size$2,416
2024$5,086 per active participant
2023$5,411 per active participant
2022$4,571 per active participant

Blumont, Inc.'s 2024 employer contribution ran above the $2,416 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.

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
CREATIVE PLANNING, LLC · Consulting$30,000
TIAA$800

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$33,703 · 0.10%
2023$32,405 · 0.11%
2022$32,023 · 0.10%
Similar plansHealth Care & Social Assistance · Virginia
Urology of Virginia, PLLC VA$38.1M · 0.02%
The Anderson Clinic, LLC VA$30.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810888072 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.