Plan Snapshot
- Plan Sponsor: Ingardia Bros. Produce, INC.
- Sponsor EIN: 953414145
- Sponsor Address: 700 SOUTH HATHAWAY STREET, SANTA ANA, CA, 92705
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 256
- Total Assets: $19.6M
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. |
|---|---|---|---|---|
| 2025 | 256 | $19.6M | $0 | $0 |
| 2024 | 224 | $16.8M | $157,795 | $788,970 |
| 2023 | 202 | $15.0M | $155,515 | $777,573 |
| 2022 | 190 | $12.6M | $131,688 | $658,440 |
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 |
|---|---|---|---|---|
| BENETECH, INC | Recordkeeper | $5,655 | $8,673 | $14,328 |
| PENSION ASSURANCE LLP | Other Service Provider | $12,000 | — | $12,000 |
| MORNING STAR | Other Service Provider | — | $9,000 | $9,000 |
| VOYA RETIREMENT INS AND ANNUITY CO | Other Service Provider | — | $9,000 | $9,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $44,328
- Estimated Expense Ratio: 0.226% 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 |
|---|---|---|---|---|---|
| 2025 | $980,842 | — | $17,704 | — | — |
| 2024 | $7,575 | — | $7,575 | — | — |
| 2023 | $7,009 | — | $7,009 | — | — |
| 2022 | $368 | — | $368 | — | — |