Plan Snapshot
- Plan Sponsor: Foodscience, LLC
- Sponsor EIN: 030236808
- Sponsor Address: 929 HARVEST LANE, WILLISTON, VT, 05495
- Plan Type: 401(k)
- Total Participants: 198
- Total Assets: $20.7M
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 | 198 | $20.7M | $437,496 | $935,206 |
| 2023 | 202 | $18.3M | $470,755 | $805,316 |
| 2022 | 230 | $16.0M | $502,932 | $983,642 |
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 |
|---|---|---|---|---|
| MEYERS BROTHERS KALICKA, 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 | $99,438 | $48,452 | $14,320 | — | — |
| 2023 | $92,251 | $41,762 | $34,434 | — | — |
| 2022 | $84,843 | — | — | — | $84,843 |