Blevins, Inc. 401(k) Review & Grade
Blevins, Inc. Retirement Plan
Nashville, TNWholesale Trade514 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,520Employer $ per active participant
$3,170Employee $ saved per active participant
0.27%Direct admin cost, % of plan assets
$46.4MNet plan assets, end of year
$91,567Average balance per account
Score breakdown
- Employer generosity40.0 / 5080th percentile for employer $ per participant
- Low cost11.0 / 2544th percentile for low admin cost vs. same-size plans
- Employee saving3.7 / 1525th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score55 / 100 · Grade C
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 80th |
| Lower admin cost | 44th |
| Employee saving | 25th |
| Peers that auto-enroll | 53% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Blevins put in about $3,520 per active participant, more than the typical peer ($1,792). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,810,871 |
| Participant (employee) contributions | $1,631,044 |
| Other contributions (incl. rollovers in) | $96,253 |
| Administrative expenses paid from the plan | $119,241 |
| Contract administrator fees | $5,804 |
| Investment advisory & management fees | $65,897 |
| Benefits paid out | $3,561,324 |
| Net assets, start / end of year | $41.2M / $46.4M |
| Active participants, start / end of year | 520 / 509 |
| Participants with account balances | 507 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Lbmc, PC |
Largest service providers (Schedule C)
| Ifp Advisors Inc | $65,527 reported compensation |
| Empower Annuity Insurance Company | $47,540 reported compensation |
| DWC Erisa Consultants LLC | $26,101 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013081738NAL0002152450001, received 2025-10-13, EIN 62-0852422, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.