Plan Snapshot
- Plan Sponsor: Latara Enterprise, INC. Dba Foundation Laboratory
- Sponsor EIN: 954467199
- Sponsor Address: 1716 WEST HOLT, POMONA, CA, 91768
- Plan Type: 401(k)
- Total Participants: 205
- Total Assets: $7.0M
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 | 205 | $7.0M | $10,804 | $387,213 |
| 2023 | 186 | $6.5M | $323,620 | $345,106 |
| 2022 | 179 | $5.1M | $433,145 | $322,734 |
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 |
|---|---|---|---|---|
| LEE CPA AUDIT GROUP | Auditor | $9,000 | — | $9,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEE CPA AUDIT GROUP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,000
- Estimated Expense Ratio: 0.129% 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 | $79,000 | — | $4,000 | $9,000 | — |
| 2023 | $24,483 | — | $24,483 | — | — |
| 2022 | $21,966 | — | $21,966 | — | — |