Plan Snapshot
- Plan Sponsor: Blst Operating Company, LLC
- Sponsor EIN: 851387944
- Sponsor Address: 13300 PIONEER TRAIL, EDEN PRAIRIE, MN, 55347
- Plan Type: 401(k)
- Total Participants: 1,063
- Total Assets: $204.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,063 | $204.3M | $1.8M | $4.6M |
| 2023 | 930 | $200.6M | $2.2M | $5.4M |
| 2022 | 1,326 | $195.0M | $3.0M | $7.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $96,089 | — | $96,089 |
| MORGAN STANLEY | Investment Advisor | $70,000 | — | $70,000 |
| ELLINGSON&ELLINGSON | Auditor | $10,800 | — | $10,800 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- MORGAN STANLEY — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $176,889
- Estimated Expense Ratio: 0.087% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $176,889 | — | — | $10,800 | — |
| 2023 | $150,884 | $70,000 | — | — | — |
| 2022 | $202,509 | — | — | — | — |