Plan Snapshot
- Plan Sponsor: Bake'N Joy Foods, INC.
- Sponsor EIN: 042428824
- Sponsor Address: 351 WILLOW STREET SOUTH, NORTH ANDOVER, MA, 01845
- Plan Type: 401(k)
- Total Participants: 261
- Total Assets: $26.8M
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 | 261 | $26.8M | $519,917 | $1.8M |
| 2023 | 263 | $24.0M | $460,096 | $1.6M |
| 2022 | 237 | $23.0M | $445,819 | $1.5M |
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 |
|---|---|---|---|---|
| TONNESON & CO. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $145,381 | $48,225 | $88,306 | — | — |
| 2023 | $138,060 | — | — | — | — |
| 2022 | $150,466 | — | — | — | — |