Plan Snapshot
- Plan Sponsor: Calise & Sons Bakery, INC.
- Sponsor EIN: 050284865
- Sponsor Address: 2 QUALITY DRIVE, LINCOLN, RI, 02865
- Plan Type: 401(k)
- Total Participants: 289
- Total Assets: $7.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 289 | $7.4M | $80,161 | $380,465 |
| 2023 | 299 | $6.8M | $19,378 | $320,196 |
| 2022 | 273 | $6.4M | $0 | $337,424 |
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 |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $24,484 | — | $24,484 |
| EMPOWER ANNUITY INSURANCE CO. OF AM | Recordkeeper | $15,055 | — | $15,055 |
| THE PATRIOT FINANCIAL GROUP INS. AG | Investment Advisor | $13,448 | — | $13,448 |
| THE ANGELL PENSION GROUP, INC. | Other Service Provider | $10,012 | — | $10,012 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $62,999
- Estimated Expense Ratio: 0.850% 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 | $53,886 | $13,711 | — | — | — |
| 2023 | $49,937 | — | $49,937 | — | — |
| 2022 | $57,753 | — | $57,753 | — | — |