Plan Snapshot
- Plan Sponsor: Bello Machre, INC
- Sponsor EIN: 520915574
- Sponsor Address: 7765 FREETOWN ROAD, GLEN BURNIE, MD, 21060
- Plan Type: DC
- Total Participants: 574
- Total Assets: $2.7M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 574 | $2.7M | $340,385 | $718,868 |
| 2023 | 497 | $1.4M | $56,131 | $485,940 |
| 2022 | 397 | $489,080 | $33,894 | $284,230 |
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 |
|---|---|---|---|---|
| MULLEN, SONDBERG, WIMBISH & STONE, | Auditor | — | — | $0 |
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 | $2,426 | — | $2,426 | — | — |
| 2023 | $2,019 | — | $2,019 | — | — |
| 2022 | $2,731 | $1,276 | $1,455 | — | — |