Plan Snapshot
- Plan Sponsor: Lt Foods Americas, INC, A California Corporation
- Sponsor EIN: 330525788
- Sponsor Address: 11130 WARLAND DRIVE, CYPRESS, CA, 90630
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 308
- Total Assets: $9.6M
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. |
|---|---|---|---|---|
| 2025 | 308 | $9.6M | $0 | $0 |
| 2024 | 252 | $7.2M | $366,128 | $754,744 |
| 2023 | 170 | $5.8M | $308,458 | $670,212 |
| 2022 | 134 | $4.1M | $226,271 | $503,082 |
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 | $37,041 | — | $37,041 |
| GENEOS WEALTH MANAGEMENT INC | Investment Advisor | $13,155 | — | $13,155 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $50,196
- Estimated Expense Ratio: 0.522% 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 |
|---|---|---|---|---|---|
| 2025 | $391,825 | $13,155 | — | — | — |
| 2024 | $882,797 | — | — | — | — |
| 2023 | $252,319 | — | — | — | — |
| 2022 | $30,091 | — | — | — | — |