Plan Snapshot
- Plan Sponsor: Fresh Express Incorporated
- Sponsor EIN: 942591533
- Sponsor Address: 4750 THE GROVE DR. SUITE 260, WINDERMERE, FL, 34786
- Plan Type: 401(k)
- Total Participants: 643
- Total Assets: $6.4M
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 | 643 | $6.4M | $202,588 | $507,625 |
| 2023 | 510 | $5.7M | $222,579 | $554,290 |
| 2022 | 688 | $4.5M | $238,467 | $604,132 |
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 |
|---|---|---|---|---|
| BDO USA, LLP | NONE | $5,815 | — | $5,815 |
| BDO USA P.C. | Auditor | $5,815 | — | $5,815 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,630
- Estimated Expense Ratio: 0.181% 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 | $13,651 | $1,694 | — | $5,815 | — |
| 2023 | $12,164 | $1,673 | — | — | — |
| 2022 | $10,661 | $7,989 | $839 | — | — |