Plan Snapshot
- Plan Sponsor: Cusano'S Italian Bakery, INC
- Sponsor EIN: 591550859
- Sponsor Address: 5480 WEST HILLSBORO BLVD., COCONUT CREEK, FL, 33073
- Plan Type: 401(k)
- Total Participants: 221
- Total Assets: $6.1M
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 | 221 | $6.1M | $444,935 | $678,447 |
| 2023 | 211 | $5.6M | $341,766 | $558,675 |
| 2022 | 222 | $4.5M | $321,265 | $555,497 |
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 |
|---|---|---|---|---|
| CAPITAL GROUP RETIREMENT | RECORDKEEPER | $10,398 | — | $10,398 |
| RETIREMENT SOLUTIONS ADVISORS, LLC | CONTRACT ADMIN | $5,550 | — | $5,550 |
| ASSURANCE DIMENSIONS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ASSURANCE DIMENSIONS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,948
- Estimated Expense Ratio: 0.261% 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 | $22,039 | — | $22,039 | — | — |
| 2023 | $17,112 | — | $17,112 | — | — |
| 2022 | $18,155 | — | $18,155 | — | — |