Retirement plan

BLT MANAGEMENT, LLC 401(K) PLAN

Name: BLT MANAGEMENT, LLC - BLT MANAGEMENT, LLC 401(K) PLAN (2024) Form 5500
Creator: BLT MANAGEMENT, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BLT MANAGEMENT, LLC 401(K) PLAN, BLT MANAGEMENT, LLC

BLT MANAGEMENT, LLCEIN 45-0492636Plan #001PY 2024

P.O. BOX 110295 - STAMFORD, CT 069110295203-846-1900

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$13.3M

+16.2% from 2023

Total participants

162

-6.4% from 2023

Average account balance

$123,370

+9.8% from 2023

Annual return

14.08%

-2.33 pp from 2023

Benchmarks

See 1,092 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort1,092 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$13.32M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$123K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

108

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

60.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$976K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.08%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$596

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 1 by compensation

Provider	Service type	Compensation
PROFESSIONAL CAPITAL SERVICES, LLC6+ years Service code 12 · EIN 23-3038464	Claims processing; Recordkeeping fees...	$64,385

Plan features & details

Pension benefit codes2E2J2K2F2G3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$64K

$470 / participant

Contract admin$64K100.0%

% of EOY assets

0.483%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: VENMAN & CO. LLC
Auditor EIN: 060674034
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$123,370

$73,459+67.9%

$178,528-30.9%

$74,429+65.8%

Participation rate

60.6%

66.5%-6.0pp

77.1%-16.5pp

67.2%-6.6pp

Annual return

14.08%

17.50%-3.4pp

27.11%-13.0pp

1368.38%-1354.3pp

Employer contribution / active EE

$2,378

$2,219+7.2%

$3,950-39.8%

$2,625-9.4%

Participant deferral / active EE

$4,745

$4,515+5.1%

$6,278-24.4%

$4,348+9.1%

Admin fee / account holder

$596

$1,812-67.1%

$10,419-94.3%

$1,944-69.4%

Provider

Service type

Compensation

PROFESSIONAL CAPITAL SERVICES, LLC6+ years

Service code 12 · EIN 23-3038464

Claims processing; Recordkeeping fees...

$64,385

BLT MANAGEMENT, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BLT MANAGEMENT, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion