Plan Snapshot
- Plan Sponsor: Fresh Direct Holdings, INC.
- Sponsor EIN: 113576952
- Sponsor Address: 2 ST. ANN'S AVE., BRONX, NY, 10454
- Plan Type: 401(k)
- Total Participants: 1,200
- Total Assets: $12.4M
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 | 1,200 | $12.4M | $1.2M | $1.7M |
| 2023 | 1,300 | $10.1M | $1.2M | $1.8M |
| 2022 | 1,403 | $7.1M | $0 | $69,158 |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $120,393 | — | $120,393 |
| MORGAN STANLEY | Investment Advisor | $17,958 | — | $17,958 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
- MORGAN STANLEY — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $138,351
- Estimated Expense Ratio: 1.116% 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 | $138,518 | $17,958 | — | — | — |
| 2023 | $109,187 | $10,403 | — | — | — |
| 2022 | $1,582 | $1,582 | — | — | — |