Plan Snapshot
- Plan Sponsor: Advance Beverage Co., INC.
- Sponsor EIN: 952701458
- Sponsor Address: 5200 DISTRICT BLVD., BAKERSFIELD, CA, 93313
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 136
- Total Assets: $25.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 136 | $25.3M | $248,292 | $282,662 |
| 2023 | 143 | $25.3M | $302,363 | $283,277 |
| 2022 | 148 | $22.9M | $292,114 | $282,522 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CAPFINANCIAL PARTNERS LLC DBA CAPTR | Investment Advisor | $54,095 | — | $54,095 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $40,165 | — | $40,165 |
| ADVANCE BEVERAGE COMPANY, INC. | Other Service Provider | $18,000 | — | $18,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $112,260
- Estimated Expense Ratio: 0.445% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $112,260 | $54,095 | — | — | — |
| 2023 | $107,288 | $71,660 | — | — | — |
| 2022 | $138,376 | $105,992 | $32,384 | — | — |