Plan Snapshot
- Plan Sponsor: Belnick, INC.
- Sponsor EIN: 582654465
- Sponsor Address: 4350 BALL GROUND HWY, CANTON, GA, 30114
- Plan Type: 401(k)
- Total Participants: 303
- Total Assets: $12.3M
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 | 303 | $12.3M | $595,052 | $1.2M |
| 2023 | 326 | $9.9M | $555,082 | $1.1M |
| 2022 | 365 | $7.6M | $467,474 | $913,878 |
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 |
|---|---|---|---|---|
| HA&W WEALTH MANAGEMENT LLC | Investment Advisor | $27,103 | — | $27,103 |
| ADP, INC. | Recordkeeper | $11,021 | — | $11,021 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,124
- Estimated Expense Ratio: 0.311% 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 | $38,125 | $28,610 | — | — | — |
| 2023 | $29,648 | $22,978 | — | — | — |
| 2022 | $28,475 | — | — | — | — |