Plan Snapshot
- Plan Sponsor: Fairfield Gourmet Corporation
- Sponsor EIN: 222951102
- Sponsor Address: 11 CLIFFSIDE DR., CEDAR GROVE, NJ, 07009
- Plan Type: 401(k)
- Total Participants: 501
- Total Assets: $7.3M
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 | 501 | $7.3M | $40,164 | $584,990 |
| 2023 | 606 | $6.1M | $38,692 | $542,689 |
| 2022 | 506 | $5.1M | $39,711 | $546,569 |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
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 | $56,149 | — | — | — | — |
| 2023 | $45,904 | — | — | — | — |
| 2022 | $42,645 | — | — | — | — |