Plan Snapshot
- Plan Sponsor: Fernandez Holdings, INC.
- Sponsor EIN: 275560752
- Sponsor Address: 1029 N SWARTHMORE AVE, PACIFIC PALISADES, CA, 90272
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 1,801
- Total Assets: $509,757
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 | 1,801 | $509,757 | $16.9M | $8.4M |
| 2023 | 1,855 | $959,878 | $10.7M | $7.9M |
| 2022 | 1,459 | $799,614 | $6.0M | $8.2M |
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 |
|---|---|---|---|---|
| BENEFIT & RISK MANAGEMENT | Other Service Provider | $1,308,716 | — | $1,308,716 |
| ANTHEM BLUE CROSS LIFE AND HEALTH | Other Service Provider | $1,267,568 | — | $1,267,568 |
| RXCOMPASS (LIVINITI) | Other Service Provider | $387,025 | — | $387,025 |
| EDGEWOOD PARTNERS INS CENTER | Other Service Provider | $234,073 | — | $234,073 |
| SOUTHERN SCRIPTS | Other Service Provider | $225,820 | — | $225,820 |
| COMPLETE WELLNESS | Other Service Provider | $113,293 | — | $113,293 |
| MOSS ADAMS LLP | Other Service Provider | $57,390 | — | $57,390 |
| KILPATRICK TOWNSENT & STOCKTON | Other Service Provider | $47,578 | — | $47,578 |
| QUEST DIAGNOSTICS | Other Service Provider | $20,852 | — | $20,852 |
| PCM | Other Service Provider | $17,224 | — | $17,224 |
| VISION SERVICE PLAN | Other Service Provider | $14,720 | — | $14,720 |
| WEX HEALTH | ERISA Attorney | $8,540 | — | $8,540 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEX HEALTH — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,702,799
- Estimated Expense Ratio: 726.385% 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 | $3,703,605 | — | $3,250,764 | $57,390 | — |
| 2023 | $2,849,633 | — | $2,490,493 | $36,690 | — |
| 2022 | $2,425,090 | — | $932,096 | — | $48,684 |