Plan Snapshot
- Plan Sponsor: El Encanto, INC. Dba Bueno Foods
- Sponsor EIN: 850129525
- Sponsor Address: P.O. BOX 293, ALBUQUERQUE, NM, 87103
- Plan Type: 401(k)
- Total Participants: 293
- Total Assets: $9.9M
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 | 293 | $9.9M | $128,975 | $356,577 |
| 2023 | 309 | $8.8M | $0 | $297,855 |
| 2022 | 293 | $7.2M | $257,622 | $302,452 |
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 |
|---|---|---|---|---|
| CARON & BLETZER, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON & BLETZER, PLLC — 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 | $504,947 | — | $4,842 | — | — |
| 2023 | $27,334 | — | $4,295 | — | — |
| 2022 | $4,017 | $3 | — | — | — |