Plan Ledger DOL Form 5500 · updated monthly

Bellhop, Inc.401(k)

BELLHOP, INC. RETIREMENT TRUST · CHATTANOOGA, TN · plan year 2023

Reported admin expense ratio · 2023
0.87%

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

Bellhop, Inc. reported $18,642 in plan administrative expenses for 2023: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,233 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 1 year on file its reported administrative ratio fell from 0.92% to 0.87%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Tennessee (1,280th of 1,496), and 2,780th of 3,341 in other services. In 2023, employees put in $3.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,407,651
Participants with balances116
Active participants89
Employer contributions$109,700
Employee contributions$419,094
Employer contribution per active participant$1,233
Average account balance$20,756
Benefits paid to participants$446,620
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$2.4M · 116 accts · $110K emplr
2022$1.9M · 137 accts · $133K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,524
Investment management$7,118
Total administrative$18,642
The Bellhop, Inc. 401(k) match · 2023
Employer contribution per active participant$1,233
Median for plans this size$1,308
2023$1,233 per active participant
2022$952 per active participant

Bellhop, Inc.'s 2023 employer contribution ran below the $1,308 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,524
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$6,598

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

Administrative cost history2
2023$18,642 · 0.87%
2022$21,327 · 0.92%
Same employer
Similar plansOther Services · Tennessee
Park Center TN$2.3M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450939202 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.