Plan Snapshot
- Plan Sponsor: Lipari Foods Operating Company, LLC
- Sponsor EIN: 452850624
- Sponsor Address: 26661 BUNERT ROAD, WARREN, MI, 48089
- Plan Type: 401(k)
- Total Participants: 2,998
- Total Assets: $70.4M
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 | 2,998 | $70.4M | $2.3M | $7.9M |
| 2023 | 1,961 | $61.3M | $2.3M | $7.4M |
| 2022 | 1,865 | $48.2M | $814,566 | $6.6M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $208,928 | — | $208,928 |
| ONEDIGITAL INVESTMENT ADVISORS LLC | ADVISOR | $45,100 | — | $45,100 |
| RETIREMENT PLAN AUDIT SERVICES, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- ONEDIGITAL INVESTMENT ADVISORS LLC — ADVISOR
- RETIREMENT PLAN AUDIT SERVICES, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $254,028
- Estimated Expense Ratio: 0.361% 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 | $256,394 | $47,466 | $300 | — | — |
| 2023 | $182,665 | $42,900 | — | — | — |
| 2022 | $27,451 | — | — | — | — |