Plan Snapshot
- Plan Sponsor: Bellisio Foods, INC.
- Sponsor EIN: 593015985
- Sponsor Address: 701 WASHINGTON AVE N STE 400, MINNEAPOLIS, MN, 55401
- Plan Type: 401(k)
- Total Participants: 352
- Total Assets: $46.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 352 | $46.7M | $653,945 | $2.5M |
| 2023 | 361 | $44.3M | $721,487 | $2.7M |
| 2022 | 399 | $43.1M | $772,713 | $2.7M |
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 | $120,144 | — | $120,144 |
| MMA SECURITES LLC | INVESTMENT ADVISORY | — | $47,405 | $47,405 |
| BMG CPA, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MMA SECURITES LLC — INVESTMENT ADVISORY
- BMG CPA, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $167,549
- Estimated Expense Ratio: 0.359% 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 | $120,147 | — | $120,147 | — | — |
| 2023 | $109,635 | — | $109,635 | — | — |
| 2022 | $135,052 | — | $110,719 | — | $24,333 |