Plan Snapshot
- Plan Sponsor: Border Foods, LLC.
- Sponsor EIN: 411848543
- Sponsor Address: 5425 BOONE AVENUE N., NEW HOPE, MN, 55428
- Plan Type: 401(k)
- Total Participants: 2,925
- Total Assets: $21.0M
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 | 2,925 | $21.0M | $131,884 | $2.2M |
| 2023 | 801 | $18.5M | $187,192 | $2.1M |
| 2022 | 721 | $15.2M | $161,207 | $1.9M |
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 |
|---|---|---|---|---|
| REDPATH AND COMPANY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- REDPATH AND COMPANY, LLC — Auditor
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 | $134,153 | $32,812 | — | — | — |
| 2023 | $123,602 | $30,470 | — | — | — |
| 2022 | $119,303 | $30,345 | — | — | — |