Plan Ledger DOL Form 5500 · updated monthly

Belting Holdings Inc.401(k)

AMMEGA 401(K) PLAN · MISSOURI, MI · plan year 2022

Reported admin expense ratio · 2022
0.34%

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

Belting Holdings Inc. reported $267,007 in plan administrative expenses for 2022: 0.34% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,323 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other manufacturing employers. By assets it is the 385th-largest of 2,619 plans among Michigan employers on file, and the 2,439th of 13,661 in manufacturing. In 2022, employees put in $2.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$71,197,053
Participants with balances1,165
Active participants951
Employer contributions$2,209,478
Employee contributions$5,365,604
Employer contribution per active participant$2,323
Average account balance$61,113
Benefits paid to participants$6,855,825
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Investment management$94,452
Total administrative$267,007
The Belting Holdings Inc. 401(k) match · 2022
Employer contribution per active participant$2,323
Median for plans this size$3,449

Belting Holdings Inc.'s 2022 employer contribution ran below the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$267,007 · 0.34%
Similar plansManufacturing · Michigan
Burr Oak Tool Inc. MI$73.3M · 0.23%
The Cold Heading Company MI$72.7M · 0.28%
Fisher & Company, Inc MI$71.9M · 0.24%
Stahls' Inc. MI$71.8M · 0.33%
Hi-Lex MI$69.5M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843946757 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.