Plan Snapshot
- Plan Sponsor: Arla Foods, INC.
- Sponsor EIN: 221908494
- Sponsor Address: 106 ALLEN ROAD, 4TH FLOOR, BASKING RIDGE, NJ, 07920
- Plan Type: 401(k)
- Total Participants: 323
- Total Assets: $21.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 323 | $21.2M | $653,929 | $1.8M |
| 2023 | 312 | $20.2M | $613,937 | $1.6M |
| 2022 | 270 | $16.5M | $523,828 | $1.4M |
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 |
|---|---|---|---|---|
| HAWKINS ASH CPAS, LLP | Auditor | $9,300 | — | $9,300 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HAWKINS ASH CPAS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,300
- Estimated Expense Ratio: 0.044% 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 | $49,554 | — | $40,254 | $9,300 | — |
| 2023 | $46,152 | — | $38,152 | $8,000 | — |
| 2022 | $40,962 | — | $33,662 | — | $7,300 |