Plan Snapshot
- Plan Sponsor: Belmont Engineered Plastics, LLC
- Sponsor EIN: 462128179
- Sponsor Address: 5801 SAFETY DR., NE, BELMONT, MI, 49306
- Plan Type: 401(k)
- Total Participants: 155
- Total Assets: $4.3M
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 | 155 | $4.3M | $158,816 | $502,519 |
| 2023 | 166 | $3.9M | $152,932 | $490,903 |
| 2022 | 142 | $3.1M | $140,086 | $436,940 |
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 |
|---|---|---|---|---|
| PCS RETIREMENT LLC | CONTRACT ADMINISTRATOR | $25,806 | — | $25,806 |
| INNOVIA WEALTH, LLC | INVESTMENT ADVISOR | $11,590 | — | $11,590 |
| BAKER HOLTZ | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PCS RETIREMENT LLC — CONTRACT ADMINISTRATOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,396
- Estimated Expense Ratio: 0.877% 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 | $37,396 | $17,548 | $19,848 | — | — |
| 2023 | $28,588 | $5,229 | $23,359 | — | — |
| 2022 | $9,342 | $1,118 | $8,224 | — | — |