Plan Snapshot
- Plan Sponsor: Bedford Machine And Tool, INC.
- Sponsor EIN: 351723488
- Sponsor Address: 2103 JOHN WILLIAMS BLVD, BEDFORD, IN, 47421
- Plan Type: 401(k)
- Total Participants: 267
- Total Assets: $7.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 267 | $7.5M | $138,641 | $898,196 |
| 2023 | 281 | $6.7M | $191,629 | $933,639 |
| 2022 | 325 | $5.9M | $177,184 | $895,944 |
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 |
|---|---|---|---|---|
| BLUE & CO., LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BLUE & CO., LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $43,833 | $16,882 | $26,951 | — | — |
| 2023 | $39,067 | $15,325 | $23,742 | — | — |
| 2022 | $26,993 | $11,260 | $15,733 | — | — |