Retirement plan

BELL PARTNERS INC. 401(K) RETIREMENT PLAN

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

BELL PARTNERS INC.EIN 56-1148631Plan #001PY 2024

300 NORTH GREENE STREET, SUITE 1000 - GREENSBORO, NC 27401336-232-1966bellpartnersinc.comLinkedIn1001-5000 employeesreal estate

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$59.2M

+21.6% from 2023

Total participants

2,419

+13.5% from 2023

Average account balance

$48,285

-4.5% from 2023

Annual return

16.17%

-5.83 pp from 2023

Benchmarks

See 154 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants1,000-4,999

Cohort154 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$59.25M

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

1,227

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.

42.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+16.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$118

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 5 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL2 years Service code 37 · EIN 04-2647786	Loan Processing	$72,944
THE LAMPO GROUP, INC.1 year Filed as: THE LAMPO GROUP, LLC Service code 16 · EIN 62-1593846	Consulting	$25,502
MMA SECURITIES LLC1 year Filed as: MARSH INSURANCE & INVESTMENTS LLC Service code 16 · EIN 52-2189187	Consulting	$21,000
MMA SECURITIES LLC1 year Filed as: MMS SECURITIES Service code 16 · EIN 22-3570392	Consulting	$14,000
SMITH LEONARD PLLC8 years Service code 10 · EIN 20-5907591	Accounting	$10,000

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$145K

$70 / participant

Recordkeeping$73K50.3%
Investment mgmt$1K1.0%
Other / not subdivided$71K48.6%

% of EOY assets

0.245%

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: SMITH LEONARD PLLC
Auditor EIN: 205907591
Audit fees: $10,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$48,285

$58,644-17.7%

$178,528-73.0%

$199,921-75.8%

Participation rate

42.4%

65.5%-23.0pp

77.1%-34.7pp

72.0%-29.6pp

Annual return

16.17%

19.25%-3.1pp

27.11%-10.9pp

34.28%-18.1pp

Employer contribution / active EE

$1,533

$1,801-14.9%

$3,950-61.2%

$3,035-49.5%

Participant deferral / active EE

$2,857

$4,248-32.7%

$6,278-54.5%

$5,089-43.9%

Admin fee / account holder

$118

$145-18.7%

$10,419-98.9%

$269-56.1%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL2 years

Service code 37 · EIN 04-2647786

Loan Processing

$72,944

THE LAMPO GROUP, INC.1 year

Filed as: THE LAMPO GROUP, LLC

Service code 16 · EIN 62-1593846

Consulting

$25,502

MMA SECURITIES LLC1 year

Filed as: MARSH INSURANCE & INVESTMENTS LLC

Service code 16 · EIN 52-2189187

Consulting

$21,000

MMA SECURITIES LLC1 year

Filed as: MMS SECURITIES

Service code 16 · EIN 22-3570392

Consulting

$14,000

SMITH LEONARD PLLC8 years

Service code 10 · EIN 20-5907591

Accounting

$10,000

BELL PARTNERS INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BELL PARTNERS INC. 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