# Bellisio Foods, INC. 401(k) Plan
Source: https://planprovider.pro/companies/bellisio-foods-inc-401k-plan-001

> Bellisio Foods, INC.&#39;s 401(k) plan: 1,004 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Bellisio Foods, INC.

- **Sponsor EIN:** 593015985

- **Sponsor Address:** 525 S LAKE AVE, DULUTH, MN, 558022362

- **Plan Type:** 401(k)

- **Total Participants:** 1,004

- **Total Assets:** $7.6M

## 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|1,004|$7.6M|$314,087|$867,925|

| 2023|1,044|$6.6M|$266,569|$765,362|

| 2022|1,085|$5.5M|$257,809|$778,541|

## 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|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$85,375|—|$85,375|

| MMA SECURITES LLC|INVESTMENT ADVISORY|—|$12,645|$12,645|

| BMG CPA, LLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MMA SECURITES LLC](https://planprovider.pro/provider/lpl-financial-llc) — INVESTMENT ADVISORY

- [BMG CPA, LLC](https://planprovider.pro/provider/bgm-cpa-llc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $98,020

- **Estimated Expense Ratio:** 1.285% 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|$85,376|—|$85,376|—|—|

| 2023|$72,909|—|$72,909|—|—|

| 2022|$71,512|—|$71,512|—|—|

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