Plan Snapshot
- Plan Sponsor: Advanced Fresh Concepts Corp.
- Sponsor EIN: 330194011
- Sponsor Address: 19700 MARINER AVENUE, TORRANCE, CA, 90503
- Plan Type: 401(k)
- Total Participants: 432
- Total Assets: $10.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 432 | $10.0M | $330,375 | $1.2M |
| 2023 | 458 | $8.2M | $253,015 | $920,450 |
| 2022 | 454 | $8.1M | $167,346 | $848,305 |
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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY | Investment Advisor | $25,974 | — | $25,974 |
| ADP, INC. | Recordkeeper | $18,844 | — | $18,844 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY — Investment Advisor
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $44,818
- Estimated Expense Ratio: 0.448% 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 | $44,819 | $42,969 | — | — | — |
| 2023 | $41,406 | — | $41,406 | — | — |
| 2022 | $55,112 | — | $55,112 | — | — |