# Fage Usa Dairy Industry, INC. 401(k) Plan
Source: https://planprovider.pro/companies/fage-usa-dairy-industry-inc-401k-plan

> Fage Usa Dairy Industry, INC.&#39;s 401(k) plan: 277 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Fage Usa Dairy Industry, INC.

- **Sponsor EIN:** 830419718

- **Sponsor Address:** 1 OPPORTUNITY DR, JOHNSTOWN, NY, 120953349

- **Plan Type:** 401(k)

- **Total Participants:** 277

- **Total Assets:** $22.8M

## 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:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|277|$22.8M|$672,883|$1.1M|

| 2023|216|$19.2M|$626,112|$1.1M|

| 2022|225|$15.8M|$581,997|$1.0M|

## 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 LIFE & ANNUITY INSURANCE|RECORDKEEPER|$6,869|—|$6,869|

| SHAPIRO, GOLDSTEIN, MOSES & ART|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $6,869

- **Estimated Expense Ratio:** 0.030% 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|$6,869|—|—|—|—|

| 2023|$6,436|—|—|—|—|

| 2022|$7,047|—|$7,047|—|—|

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