Plan Snapshot
- Plan Sponsor: Breakthru Beverage Group, LLC
- Sponsor EIN: 352545107
- Sponsor Address: 60 EAST 42ND STREET, FLOOR 49, NEW YORK, NY, 10165
- Plan Type: 401(k)
- Total Participants: 7,882
- Total Assets: $768.8M
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 | 7,882 | $768.8M | $10.8M | $34.0M |
| 2023 | 6,257 | $609.1M | $9.7M | $30.5M |
| 2022 | 5,549 | $503.5M | $8.8M | $28.4M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $435,664 | — | $435,664 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $156,485 | — | $156,485 |
| SMITH AND DOWNEY P.A | PLAN SPONSOR | $85,510 | — | $85,510 |
| CAPFINANCIAL PARTNERS, LLC | OTHER SERVICES | $67,900 | — | $67,900 |
| ELLIN & TUCKER | EMPLOYEE OF EMPLOYER | $42,000 | — | $42,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- SMITH AND DOWNEY P.A — PLAN SPONSOR
- ELLIN & TUCKER — EMPLOYEE OF EMPLOYER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $787,559
- Estimated Expense Ratio: 0.102% 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 | $787,559 | $156,485 | $2,100 | $42,000 | — |
| 2023 | $657,887 | $179,981 | $900 | $40,500 | — |
| 2022 | $654,505 | $77,001 | — | — | — |