Plan Snapshot
- Plan Sponsor: Latitude 36 Foods LLC
- Sponsor EIN: 352594469
- Sponsor Address: 340 EL CAMINO REAL SOUTH #50, SALINAS, CA, 93901
- Plan Type: 401(k)
- Total Participants: 964
- Total Assets: $10.7M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 964 | $10.7M | $680,300 | $1.2M |
| 2023 | 874 | $8.3M | $584,362 | $1.0M |
| 2022 | 740 | $6.1M | $496,734 | $894,117 |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | Recordkeeper | $49,866 | $1,541 | $51,407 |
| IFAM CAPITAL | Investment Advisor | $36,028 | — | $36,028 |
| JFS WEALTH ADVISORS, LLC | Investment Advisor | $6,935 | — | $6,935 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — Recordkeeper
- IFAM CAPITAL — Investment Advisor
- JFS WEALTH ADVISORS, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $94,370
- Estimated Expense Ratio: 0.884% 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 | $57,323 | $42,963 | $14,360 | — | — |
| 2023 | $39,010 | — | $39,010 | — | — |
| 2022 | $32,253 | — | $32,253 | — | — |