Belimo Aircontrols (USA), Inc. 401(k) Review & Grade
Belimo Americas Savings Plan
Danbury, CTManufacturing511 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,461Employer $ per active participant
$7,157Employee $ saved per active participant
0.16%Direct admin cost, % of plan assets
$80.9MNet plan assets, end of year
$131,185Average balance per account
Score breakdown
- Employer generosity39.5 / 5079th percentile for employer $ per participant
- Low cost15.1 / 2561th percentile for low admin cost vs. same-size plans
- Employee saving11.2 / 1575th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score76 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 79th |
| Lower admin cost | 61th |
| Employee saving | 75th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Belimo Aircontrols (USA) put in about $4,461 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,279,635 |
| Participant (employee) contributions | $3,657,253 |
| Other contributions (incl. rollovers in) | $2,096,398 |
| Administrative expenses paid from the plan | $122,278 |
| Investment advisory & management fees | $113,875 |
| Benefits paid out | $5,083,903 |
| Net assets, start / end of year | $68.3M / $80.9M |
| Active participants, start / end of year | 508 / 514 |
| Participants with account balances | 617 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Wiss & Company, LLP |
Largest service providers (Schedule C)
| Wells Fargo Advisors LLC | $69,742 reported compensation |
| Empower Advisory Group, LLC | $44,133 reported compensation |
| Empower Annuity Insurance Company | $8,403 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014094152NAL0003517856001, received 2025-10-14, EIN 22-2879066, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.