Plan Snapshot
- Plan Sponsor: Food Express, INC.
- Sponsor EIN: 952567838
- Sponsor Address: 41240 11TH ST W, STE B, PALMDALE, CA, 93551
- Plan Type: 401(k)
- Total Participants: 266
- Total Assets: $21.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 266 | $21.1M | $911,386 | $1.8M |
| 2023 | 284 | $18.6M | $909,043 | $1.7M |
| 2022 | 263 | $15.3M | $752,782 | $1.4M |
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 |
|---|---|---|---|---|
| RAYMOND JAMES FINANCIAL SERVICE | INVESTMENT/FINANCIAL ADVI | $24,016 | — | $24,016 |
| ADP, INC. | RECORD KEEPER | $15,594 | — | $15,594 |
| BAS PARTNERS LLC D/B/A A PORTER | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES FINANCIAL SERVICE — INVESTMENT/FINANCIAL ADVI
- ADP, INC. — RECORD KEEPER
- BAS PARTNERS LLC D/B/A A PORTER — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,610
- Estimated Expense Ratio: 0.187% 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 | $39,611 | $27,435 | — | — | — |
| 2023 | $37,572 | $26,490 | — | — | — |
| 2022 | $30,812 | — | — | — | — |