Plan Snapshot
- Plan Sponsor: Belfor Usa Group, INC.
- Sponsor EIN: 841309171
- Sponsor Address: 185 OAKLAND AVENUE, BIRMINGHAM, MI, 48009
- Plan Type: 401(k)
- Total Participants: 2,528
- Total Assets: $173.2M
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 | 2,528 | $173.2M | $6.3M | $9.2M |
| 2023 | 1,716 | $144.1M | $3.3M | $8.6M |
| 2022 | 2,180 | $122.4M | $3.0M | $7.9M |
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 |
|---|---|---|---|---|
| PLANTE & MORAN, PLLC | Auditor | $15,400 | — | $15,400 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,400
- Estimated Expense Ratio: 0.009% 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 | $263,062 | $51,666 | — | $15,400 | — |
| 2023 | $194,599 | $20,000 | — | — | — |
| 2022 | $193,127 | $30,000 | — | — | — |