Plan Ledger DOL Form 5500 · updated monthly

The Blackburn Group401(k)

THE BLACKBURN GROUP 401(K) PLAN · OXFORD, MS · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

The Blackburn Group reported $1,220 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,292 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 0.016%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Mississippi (187th of 367), and 1,178th of 2,096 in real estate & leasing. In 2024, employees put in $1.11 for every $1.00 the employer contributed; active participation has grown from 114 to 159 since 2022.

Plan summary
Net assets, end of year$9,014,408
Participants with balances284
Active participants159
Employer contributions$841,421
Employee contributions$931,139
Employer contribution per active participant$5,292
Average account balance$31,741
Benefits paid to participants$282,247
Plan auditUnmodified (clean) audit opinion
AuditorHARPER, RAINS, KNIGHT & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 284 accts · $841K emplr
2023$6.4M · 183 accts · $559K emplr
2022$3.9M · 156 accts · $538K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,220
Total administrative$1,220
The The Blackburn Group 401(k) match · 2024
Employer contribution per active participant$5,292
Median for plans this size$1,313
2024$5,292 per active participant
2023$4,143 per active participant
2022$4,717 per active participant

The Blackburn Group's 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024$1,220 · 0.02%
2023$600 · 0.01%
2022$550 · 0.02%
Similar plansReal Estate & Leasing · Mississippi
The Molpus Company MS$35.2M · 0.09%
Vacuum Truck Rentals, LLC MS$7.3M · 0.67%
Heritage Properties, Inc. MS$4.9M · 0.58%
Claiborne Senior Living MS$13K · 4.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611507751 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.