Plan Ledger DOL Form 5500 · updated monthly

Belimo Aircontrols (USA), Inc.401(k)

BELIMO AMERICAS SAVINGS PLAN · DANBURY, CT · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Belimo Aircontrols (USA), Inc. reported $122,278 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $4,435 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 3 years on file its reported administrative ratio has held roughly steady near 0.164%. 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 224th-largest of 1,106 plans among Connecticut employers on file, and the 2,232nd of 13,661 in manufacturing. In 2024, employees put in $1.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$80,941,209
Participants with balances617
Active participants514
Employer contributions$2,279,635
Employee contributions$3,657,253
Employer contribution per active participant$4,435
Average account balance$131,185
Benefits paid to participants$5,083,903
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$80.9M · 617 accts · $2.3M emplr
2023$68.3M · 606 accts · $2.1M emplr
2022$56.6M · 568 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,403
Investment management$113,875
Total administrative$122,278
The Belimo Aircontrols (USA), Inc. 401(k) match · 2024
Employer contribution per active participant$4,435
Median for plans this size$3,635
2024$4,435 per active participant
2023$4,261 per active participant
2022$3,895 per active participant

Belimo Aircontrols (USA), Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size. 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 · 20243
WELLS FARGO ADVISORS LLC · Investment advisory (plan)$69,742
EMPOWER ADVISORY GROUP, LLC · Investment management$44,133

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$122,278 · 0.16%
2023$100,066 · 0.16%
2022$97,630 · 0.16%
Same employer
Similar plansManufacturing · Connecticut
Brook & Whittle Limited CT$91.9M · 0.42%
Orafol Americas Inc. CT$88.9M · 0.07%
Fuelcell Energy, Inc. CT$84.4M · 0.09%
The Siemon Company CT$82.3M · 0.03%
Whitcraft LLC CT$75.4M · 0.21%
Ashcroft Inc. CT$75.4M · 0.03%
R.C. Bigelow, Inc. CT$74.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222879066 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.