Plan Ledger DOL Form 5500 · updated monthly

Belden Holding and Acquisition Company401(k)

BELDEN HOLDING AND ACQUISITION COMPANY 401(K) PLAN · CANTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.21%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Belden Holding and Acquisition Company reported $104,594 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $978 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.22% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 631st-largest of 3,295 plans among Ohio employers on file, and the 3,036th of 13,661 in manufacturing. In 2024, employees put in $3.80 for every $1.00 the employer contributed; active participation has grown from 531 to 639 since 2022.

Plan summary
Net assets, end of year$52,680,744
Participants with balances716
Active participants639
Employer contributions$625,140
Employee contributions$2,376,662
Employer contribution per active participant$978
Average account balance$73,576
Benefits paid to participants$5,831,367
Plan auditUnmodified (clean) audit opinion
AuditorHALL, KISTLER & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$52.7M · 716 accts · $625K emplr
2023$48.0M · 726 accts · $571K emplr
2022$43.5M · 711 accts · $599K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,862
Investment management$53,732
Total administrative$104,594
The Belden Holding and Acquisition Company 401(k) match · 2024
Employer contribution per active participant$978
Median for plans this size$3,635
2024$978 per active participant
2023$993 per active participant
2022$1,128 per active participant

Belden Holding and Acquisition Company's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
AMERIPRISE FINANCIAL SERVICES INC · Investment advisory (plan)$53,732
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$50,862

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$104,594 · 0.21%
2023$95,578 · 0.21%
2022$110,900 · 0.22%
Similar plansManufacturing · Ohio
Qnnect, LLC OH$54.1M · 0.15%
Advanced Composites, Inc. OH$53.2M · 0.96%
Grammer Inc. OH$52.6M · 0.59%
Candle-Lite Company, LLC OH$52.1M · 0.24%
Michelman, Inc. OH$50.2M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203803300 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.