Plan Ledger DOL Form 5500 · updated monthly

Bell Pump Service Company, Inc.401(k)

BELL PUMP SERVICE COMPANY, INC. 401(K) PROFIT SHARING PLAN · GLASTONBURY, CT · plan year 2023

Reported admin expense ratio · 2023
0.29%

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

Bell Pump Service Company, Inc. reported $56,898 in plan administrative expenses for 2023: 0.29% of average plan assets, above the peer median. Employer contributions averaged $1,973 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 has held roughly steady near 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Connecticut (554th of 1,106), and the 1,858th of 4,246 in wholesale trade. In 2023, employees put in $2.43 for every $1.00 the employer contributed; active participation has shrunk from 254 to 208 since 2022.

Plan summary
Net assets, end of year$20,485,736
Participants with balances178
Active participants208
Employer contributions$410,290
Employee contributions$996,614
Employer contribution per active participant$1,973
Average account balance$115,088
Benefits paid to participants$3,128,326
Plan auditUnmodified (clean) audit opinion
AuditorMMNT, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $7K emplr
2023$20.5M · 178 accts · $410K emplr
2022$19.4M · 178 accts · $400K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$56,898
Total administrative$56,898
The Bell Pump Service Company, Inc. 401(k) match · 2023
Employer contribution per active participant$1,973
Median for plans this size$2,440
2023$1,973 per active participant
2022$1,575 per active participant

Bell Pump Service Company, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$56,897
PRINCIPAL SECURITIES INC · Other servicesindirect comp

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

Administrative cost history3
2024Not separately reported
2023$56,898 · 0.29%
2022$56,363 · 0.28%
Same employer
Similar plansWholesale Trade · Connecticut
Trefz Corporation CT$22.7M · 0.23%
Allan S. Goodman, Inc. CT$20.6M · 0.40%
S&S Worldwide, Inc. CT$19.8M · 0.01%
Kinsley Group, Inc. CT$18.4M · 0.81%
Thurston Foods, Inc. CT$18.1M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060620791 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.