Plan Ledger DOL Form 5500 · updated monthly

Bellese Technologies, LLC401(k)

BELLESE TECHNOLOGIES, LLC 401(K) PLAN · OWINGS MILLS, MD · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Bellese Technologies, LLC reported $5,256 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,519 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 0.09% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (1,106th of 1,671), and 8,779th of 11,654 in professional & technical services. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 91 to 123 since 2022.

Plan summary
Net assets, end of year$7,713,483
Participants with balances176
Active participants123
Employer contributions$555,830
Employee contributions$1,160,067
Employer contribution per active participant$4,519
Average account balance$43,827
Benefits paid to participants$417,367
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 176 accts · $556K emplr
2023$5.5M · 164 accts · $447K emplr
2022$3.6M · 150 accts · $377K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,256
Total administrative$5,256
The Bellese Technologies, LLC 401(k) match · 2024
Employer contribution per active participant$4,519
Median for plans this size$1,313
2024$4,519 per active participant
2023$3,820 per active participant
2022$4,147 per active participant

Bellese Technologies, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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.

Administrative cost history3
2024$5,256 · 0.08%
2023$5,442 · 0.12%
2022$2,936 · 0.09%
Same employer
Similar plansProfessional & Technical Services · Maryland
Versatech, Inc. MD$8.0M · 0.34%
Econometrica, Inc. MD$8.0M · 0.09%
Diamond Group LLC MD$7.7M · 0.71%
Design Collective, Inc. MD$7.6M · 0.38%
Rollout Systems LLC MD$7.5M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264310124 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.