Painter and Meadows guided Hodgkinson to Olympic silver as a teenager on her debut at the Tokyo Games three years ago, before the Leigh athlete won back-to-back world silver medals in 2022 and 2023.
She followed that up with Olympic gold by dominating the final to deliver the gold she and her team had been aiming for.
London 2012 Olympic heptathlon champion Jessica Ennis-Hill and Kelly Holmes – who won gold in the 800m and 1500m at Athens 2004 – shared the award with Painter and Meadows.
While Hodgkinson won Olympic gold, teammate Bell also stood on the podium in Paris.
Bell retired from athletics in 2017 and was still employed full-time at the start of this year.
But after reuniting with Painter three years ago, the 31-year-old claimed a fairytale bronze in the 1500m on her Olympic debut after European silver in June.
Davey, meanwhile, has won three world relay medals at the age of 24, after adding a bronze in Paris to his two medals at last year’s world championships.
The World Championships in Tokyo are planned for 2025, where Painter and Meadows will hope to lead their athletes to further international success.
Last year, football manager Pep Guardiola was named manager of the year as his treble-winning Manchester City side won team of the year.
