BLST Operating 401(k) match, vesting and fees

Plan year 2024 filingBluestem 401(k) Retirement Savings Plan · Plan 001 · EIN 85-1387944Updated Oct 2026

What BLST Operating's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $1.8M in employer contributions, about $1,026 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$114,971
Average account balance
2,259
Participants (end of year)
$204M
Plan assets (end of year)
0.09%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorEllingson & Ellingson (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 479 defined-contribution plans in retail trade with 1,000 to 4,999 participants.

BLST Operating: employer contribution per participant$1,026
Peer median$1,023
BLST Operating: average balance$114,971
Peer median$43,395
BLST Operating: admin expenses ÷ assets0.09%
Peer median0.23%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $249M at the end of plan year 2021 to $204M at the end of plan year 2024.

$249M2021$195M2022$201M2023$204M2024
End-of-year figures from each plan year's Form 5500 filing for the BLST Operating plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
20242,259$204M$1.8M$1,0260.09%Not publishedForm 5500 ↗
20232,160$201M$2.2M$1,1800.08%Not publishedForm 5500 ↗
20222,569$195M$3M$1,4130.09%Not publishedForm 5500 ↗
20212,906$249M$3M$1,3130.11%Not publishedForm 5500 ↗

Common questions

Does BLST Operating match 401(k) contributions?

The match terms for the Bluestem 401(k) Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $1.8M in employer contributions, about $1,026 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the BLST Operating 401(k) match vested?

The vesting schedule for the Bluestem 401(k) Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the BLST Operating 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Blst Operating Company, LLC.

I left BLST Operating. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Blst Operating Company, LLC, (952) 656-4275) or the recordkeeper, Fidelity Investments Institutional. The BLST Operating old 401(k) page lists the contacts from every plan filing. Find an old BLST Operating 401(k)

Data from the public Form 5500 annual reports BLST Operating filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with BLST Operating. Not financial advice. Report a correction · Methodology