Plan Ledger DOL Form 5500 · updated monthly

Bellisio Foods, Inc.401(k)

BELLISIO FOODS, INC. RETIREMENT SAVINGS PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Bellisio Foods, Inc. reported $120,147 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,858 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 0.28% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 521st-largest of 1,918 plans among Minnesota employers on file, and the 3,311th of 13,661 in manufacturing. In 2024, employees put in $3.82 for every $1.00 the employer contributed; active participation has shrunk from 399 to 352 since 2022.

Plan summary
Net assets, end of year$46,734,707
Participants with balances488
Active participants352
Employer contributions$653,945
Employee contributions$2,496,009
Employer contribution per active participant$1,858
Average account balance$95,768
Benefits paid to participants$5,906,680
Plan auditQualified audit opinion
AuditorBMG CPA, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$46.7M · 488 accts · $654K emplr
2023$44.3M · 504 accts · $721K emplr
2022$43.1M · 525 accts · $773K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$120,147
Total administrative$120,147
The Bellisio Foods, Inc. 401(k) match · 2024
Employer contribution per active participant$1,858
Median for plans this size$2,416
2024$1,858 per active participant
2023$1,999 per active participant
2022$1,937 per active participant

Bellisio Foods, Inc.'s 2024 employer contribution ran below the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$120,144
MMA SECURITES LLC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect 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
2024$120,147 · 0.26%
2023$109,635 · 0.25%
2022$135,052 · 0.28%
All plans at this employer2
BELLISIO FOODS, INC. UNION RETIREMENT SAVINGS PLAN401(k)
BELLISIO FOODS, INC. RETIREMENT SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Minnesota
La Costena USA MN$50.2M · 0.39%
Alexandria Industries MN$47.8M · 0.27%
Crenlo Cab Products MN$46.8M · 0.23%
Bongards' Creameries MN$44.9M · 0.29%
Clearfield, Inc. MN$44.3M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593015985 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.