Plan Snapshot
- Plan Sponsor: J & B Importers, INC.
- Sponsor EIN: 591378517
- Sponsor Address: 11925 S.W. 128 STREET, MIAMI, FL, 331865209
- Plan Type: 401(k)
- Total Participants: 255
- Total Assets: $47.4M
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. |
|---|---|---|---|---|
| 2024 | 255 | $47.4M | $522,341 | $1.6M |
| 2023 | 267 | $42.9M | $392,324 | $1.6M |
| 2022 | 270 | $37.6M | $826,905 | $1.7M |
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 |
|---|---|---|---|---|
| DE LA HOZ, PEREZ & BARBEITO, PLLC | Auditor | $19,968 | — | $19,968 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,968
- Estimated Expense Ratio: 0.042% 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 | $29,217 | — | $9,249 | $19,968 | — |
| 2023 | $8,438 | — | $8,438 | — | — |
| 2022 | $19,368 | — | $9,390 | — | $9,978 |