Plan Snapshot
- Plan Sponsor: F&S Produce Co., INC.
- Sponsor EIN: 222578809
- Sponsor Address: 500 WEST ELMER ROAD, VINELAND, NJ, 08360
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 334
- Total Assets: $825,715
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 334 | $825,715 | $2.3M | $1.5M |
| 2023 | 179 | $382,885 | $310,999 | $171,765 |
| 2022 | 173 | $259,950 | $1.7M | $1.1M |
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 |
|---|---|---|---|---|
| INNOVATIVE BENEFIT PLANNING, L.L.C. | Investment Advisor | $80,122 | — | $80,122 |
| THE BENECON GROUP | Investment Advisor | $44,489 | — | $44,489 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $29,842 | — | $29,842 |
| CONNECTCARE3 | Other Service Provider | $14,830 | — | $14,830 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $169,283
- Estimated Expense Ratio: 20.501% 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 | $169,257 | — | $169,257 | — | — |
| 2023 | $21,530 | — | $21,530 | — | — |
| 2022 | $115,955 | — | $115,955 | — | — |