Plan Snapshot
- Plan Sponsor: Belmont Village, L.P.
- Sponsor EIN: 742868232
- Sponsor Address: 7660 WOODWAY DRIVE, SUITE 400, HOUSTON, TX, 77063
- Plan Type: 401(k)
- Total Participants: 2,688
- Total Assets: $59.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 2,688 | $59.2M | $1.7M | $4.8M |
| 2023 | 2,469 | $51.8M | $1.4M | $4.2M |
| 2022 | 2,216 | $44.3M | $1.4M | $4.1M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $104,847 | — | $104,847 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $50,445 | — | $50,445 |
| CROWE LLP | AUDITOR | $24,150 | — | $24,150 |
| CROWE | Auditor | $24,150 | — | $24,150 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $203,592
- Estimated Expense Ratio: 0.344% 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 | $179,442 | $50,445 | — | $24,150 | — |
| 2023 | $65,259 | $41,409 | — | $23,850 | — |
| 2022 | $64,003 | $64,003 | — | — | — |