Plan Snapshot
- Plan Sponsor: Fernandez Holdings, INC.
- Sponsor EIN: 275560752
- Sponsor Address: 1029 N SWARTHMORE AVE, PACIFIC PALISADES, CA, 90272
- Plan Type: 401(k)
- Total Participants: 3,228
- Total Assets: $121.4M
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 | 3,228 | $121.4M | $5.1M | $12.2M |
| 2023 | 2,862 | $103.8M | $4.6M | $11.7M |
| 2022 | 2,033 | $75.4M | $3.6M | $9.1M |
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 |
|---|---|---|---|---|
| MORGANSTANLEYSMITHBARNEYLLC | INVESTMENT ADVISOR | $386,466 | — | $386,466 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $192,099 | — | $192,099 |
| CLIFTONLARSONALLEN LLP | ACCOUNTANT/AUDITOR | $14,553 | — | $14,553 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGANSTANLEYSMITHBARNEYLLC — INVESTMENT ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- CLIFTONLARSONALLEN LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $593,118
- Estimated Expense Ratio: 0.489% 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 | $593,118 | — | $300 | $14,553 | — |
| 2023 | $457,131 | $296,887 | — | $15,225 | — |
| 2022 | $410,117 | — | — | — | — |