Plan Snapshot
- Plan Sponsor: Levain Bakery, INC.
- Sponsor EIN: 271291341
- Sponsor Address: 33 E 33RD ST RM 501, NEW YORK, NY, 100165381
- Plan Type: 401(k)
- Total Participants: 427
- Total Assets: $6.3M
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 | 427 | $6.3M | $572,877 | $1.3M |
| 2023 | 411 | $4.6M | $440,182 | $840,016 |
| 2022 | 328 | $3.2M | $332,263 | $692,620 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $43,141 | — | $43,141 |
| MORGAN STANLEY GLOBAL BA | Investment Advisor | $12,293 | — | $12,293 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY GLOBAL BA — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,434
- Estimated Expense Ratio: 0.874% 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 | $55,429 | $12,288 | $43,141 | — | — |
| 2023 | $39,908 | — | $39,908 | — | — |
| 2022 | $28,972 | — | — | — | $28,972 |