Plan Ledger DOL Form 5500 · updated monthly

Blythe Development Co401(k)

BLYTHE DEVELOPMENT COMPANY 401K PROFIT SHARING PLAN · CHARLOTTE, NC · plan year 2022

Reported admin expense ratio · 2022
0.06%

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

Blythe Development Co reported $8,713 in plan administrative expenses for 2022: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $193 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is the 971st-largest of 2,005 plans among North Carolina employers on file, and 2,703rd of 5,337 in construction. In 2022, employees put in $12.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,872,165
Participants with balances442
Active participants575
Employer contributions$111,001
Employee contributions$1,333,939
Employer contribution per active participant$193
Average account balance$29,123
Benefits paid to participants$1,101,199
Plan auditDisclaimer of opinion
AuditorMELISSA G. CRITCHER, CPA, PC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $117K emplr
2022$12.9M · 442 accts · $111K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,713
Total administrative$8,713
The Blythe Development Co 401(k) match · 2022
Employer contribution per active participant$193
Median for plans this size$2,266

Blythe Development Co's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$8,713 · 0.06%
Same employer
Similar plansConstruction · North Carolina
Spc Mechanical Corporation NC$13.7M · 0.57%
Trc Acquisition, LLC NC$13.4M · 0.49%
Blue Ridge Companies, Inc. NC$13.0M · 0.28%
Dellinger, Inc. NC$12.8M · 0.21%
Seegars Fence Company, Inc. NC$12.3M · 0.83%
Griffin Masonry, Inc. NC$12.0M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561667188 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.