Retirement plan

BELLEVUE MANUFACTURING, INC. SALARIED 401(K) RETIREMENT PLAN

Name: BELLEVUE MANUFACTURING, INC. - BELLEVUE MANUFACTURING, INC. SALARIED 401(K) RETIREMENT PLAN (2024) Form 5500
Creator: BELLEVUE MANUFACTURING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BELLEVUE MANUFACTURING, INC. SALARIED 401(K) RETIREMENT PLAN, BELLEVUE MANUFACTURING, INC.

BELLEVUE MANUFACTURING, INC.EIN 34-4186030Plan #001PY 2024

520 GOODRICH ROAD - BELLEVUE, OH 44811419-483-7690tbmc.netLinkedIn51-200 employeesautomotive

Other plans on this EIN

2 filings

#003Retirement-$11.5M assets #002Retirement-$1.3M assets

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$5.5M

+29.8% from 2023

Total participants

-2.7% from 2023

Average account balance

$189,428

+38.7% from 2023

Annual return

26.42%

+11.37 pp from 2023

Benchmarks

See 23,033 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort23,033 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.49M

Not enough data

1 years with asset history on file

Average account balance

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

$189K

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.

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.

126.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$340K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+26.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7739

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$224K

$9758 / participant

Other / not subdivided$224K100.0%

% of EOY assets

4.085%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$189,428

$117,904+60.7%

$102,457+84.9%

$145,978+29.8%

Participation rate

69.6%

78.6%-9.0pp

76.5%-6.9pp

80.3%-10.7pp

Annual return

26.42%

31.80%-5.4pp

29.41%-3.0pp

550.52%-524.1pp

Employer contribution / active EE

$7,258

$3,613+100.9%

$3,022+140.2%

$4,662+55.7%

Participant deferral / active EE

$7,529

$5,733+31.3%

$5,054+49.0%

$6,690+12.5%

Admin fee / account holder

$7,739

$13,329-41.9%

$9,451-18.1%

$13,400-42.2%

BELLEVUE MANUFACTURING, INC. SALARIED 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BELLEVUE MANUFACTURING, INC. SALARIED 401(K) RETIREMENT 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