Retirement plan

BELLETETE'S, INC. 401(K) PROFIT SHARING PLAN

Name: BELLETETES, INC - BELLETETE'S, INC. 401(K) PROFIT SHARING PLAN (2025) Form 5500
Creator: BELLETETES, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BELLETETE'S, INC. 401(K) PROFIT SHARING PLAN, BELLETETES, INC

BELLETETES, INCEIN 02-0264529Plan #001PY 2025

51 PETERBOROUGH STREET - JAFFREY, NH 03452603-532-7716belletetes.comLinkedIn201-500 employeesbuilding materials

Prospect flagsLow returnsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$36.4M

+5.1% from 2024

Total participants

337

+5.0% from 2024

Average account balance

$111,975

+2.2% from 2024

Annual return

4.21%

-18.02 pp from 2024

Benchmarks

See 146 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort146 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$36.39M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$112K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

325

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

95.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.81M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+4.21%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$336

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
COMMONWEALTH FINANCIAL NETWORK2 years Service code 27 29 SAWYER RD. · WALTHAM, MA 02453	Advisory (Plan)	$69,817
ASCENSUS LLC7 years Service code 15 · EIN 11-3665754	Recordkeeping	$31,488
AAFCPA'S1 year Service code 10 50 WASHINGTON ST · WESTBOROUGH, MA 01581	Accounting	$8,000

Plan features & details

Pension benefit codes2S2E3D2G2J2K2R2F2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$109K

$400 / participant

Investment mgmt$70K63.9%
Contract admin$31K28.8%
Other / not subdivided$8K7.3%

% of EOY assets

0.300%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: AAFCPAS, INC
Auditor EIN: 042571780
Audit fees: $8,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$111,975

$51,096+119.1%

$100,712+11.2%

$71,012+57.7%

Participation rate

95.6%

47.0%+48.6pp

69.3%+26.3pp

58.6%+37.1pp

Annual return

4.21%

16.42%-12.2pp

33.27%-29.1pp

37.67%-33.5pp

Employer contribution / active EE

$5,495

$1,127+387.7%

$2,313+137.6%

$2,348+134.0%

Participant deferral / active EE

$4,793

$1,937+147.4%

$4,085+17.3%

$3,246+47.6%

Admin fee / account holder

$336

$2,179-84.6%

$9,256-96.4%

$1,167-71.2%

Provider

Service type

Compensation

COMMONWEALTH FINANCIAL NETWORK2 years

Service code 27

29 SAWYER RD. · WALTHAM, MA 02453

Advisory (Plan)

$69,817

ASCENSUS LLC7 years

Service code 15 · EIN 11-3665754

Recordkeeping

$31,488

AAFCPA'S1 year

Service code 10

50 WASHINGTON ST · WESTBOROUGH, MA 01581

Accounting

$8,000

BELLETETE'S, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BELLETETE'S, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion