Plan Snapshot
- Plan Sponsor: Busken Bakery, INC.
- Sponsor EIN: 310619017
- Sponsor Address: 2675 MADISON ROAD, CINCINNATI, OH, 45208
- Plan Type: 401(k)
- Total Participants: 75
- Total Assets: $2.4M
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 | 75 | $2.4M | $67,934 | $105,416 |
| 2023 | 80 | $2.8M | $68,988 | $117,753 |
| 2022 | 88 | $2.8M | $61,819 | $85,770 |
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 |
|---|---|---|---|---|
| KESTRA ADVISORY SERVICES | Investment Advisor | $14,115 | — | $14,115 |
| ADP, INC. | Recordkeeper | $10,590 | — | $10,590 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA ADVISORY SERVICES — 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: $24,705
- Estimated Expense Ratio: 1.010% 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 | $24,706 | $14,118 | — | — | — |
| 2023 | $26,058 | $471 | — | — | — |
| 2022 | $30,394 | — | $30,394 | — | — |