Retirement plan

BEL AIR INTERNET, LLC 401(K) PLAN

Name: BEL AIR INTERNET, LLC - BEL AIR INTERNET, LLC 401(K) PLAN (2022) Form 5500
Creator: BEL AIR INTERNET, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BEL AIR INTERNET, LLC 401(K) PLAN, BEL AIR INTERNET, LLC

BEL AIR INTERNET, LLCEIN 47-0854085Plan #001PY 2022

15301 VENTURA BLVD., #D250 - SHERMAN OAKS, CA 91403661-202-7114belairintl.comLinkedIn1-10 employeesaviation & aerospace

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.5M

+23.1% from 2021

Total participants

108

+38.5% from 2021

Average account balance

$16,856

-6.0% from 2021

Annual return

-1.99%

-13.07 pp from 2021

Benchmarks

See 3,132 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort3,132 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.99M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

103

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.

166.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$532K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+19.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7142

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 codes2G2J3D

Plan features

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.
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

1 tripped

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

$148K

$2033 / participant

Other / not subdivided$148K100.0%

% of EOY assets

9.894%

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

$16,856

$59,116-71.5%

$86,438-80.5%

$68,486-75.4%

Participation rate

74.0%

75.2%-1.3pp

80.3%-6.4pp

67.9%+6.1pp

Annual return

-1.99%

-0.23%-1.8pp

4397.19%-4399.2pp

-7.85%+5.9pp

Employer contribution / active EE

$1,464

$2,519-41.9%

$3,769-61.2%

$2,597-43.6%

Participant deferral / active EE

$4,607

$5,902-21.9%

$6,952-33.7%

$4,028+14.4%

Admin fee / account holder

$1,668

$5,639-70.4%

$6,733-75.2%

$5,404-69.1%

BEL AIR INTERNET, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BEL AIR INTERNET, LLC 401(K) 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