Plan Snapshot
- Plan Sponsor: Bell Motor Cars, INC.
- Sponsor EIN: 222124083
- Sponsor Address: 782 ROUTE ONE NORTH, NORTH EDISON, NJ, 08817
- Plan Type: 401(k)
- Total Participants: 352
- Total Assets: $14.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 352 | $14.0M | $250,309 | $1.1M |
| 2023 | 349 | $12.4M | $375,501 | $1.1M |
| 2022 | 321 | $9.9M | $344,717 | $999,971 |
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 |
|---|---|---|---|---|
| NATIONWIDE | SERVICE PROVIDER | $43,276 | — | $43,276 |
| PROACCOUNT | INVESTMENT ADVISORY | $36,309 | — | $36,309 |
| AVANTAX WEALTH MANAGEMENT | BROKER | — | $32,430 | $32,430 |
| PREFERRED PENSION PLANNING | TPA | $7,739 | — | $7,739 |
| MSPC, CERTIFIED PUBLIC ACCOUNTANTS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — SERVICE PROVIDER
- PROACCOUNT — INVESTMENT ADVISORY
- MSPC, CERTIFIED PUBLIC ACCOUNTANTS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $119,754
- Estimated Expense Ratio: 0.853% 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 | $43,171 | $43,171 | — | — | — |
| 2023 | $85,511 | — | — | — | — |
| 2022 | — | — | — | — | — |