Plan Snapshot
- Plan Sponsor: Magic Seasoning Blends, L.L.C.
- Sponsor EIN: 720984002
- Sponsor Address: 720 DISTRIBUTORS ROW, HARAHAN, LA, 70123
- Plan Type: 401(k)
- Total Participants: 102
- Total Assets: $9.7M
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 | 102 | $9.7M | $168,146 | $523,484 |
| 2023 | 102 | $8.1M | $165,178 | $538,038 |
| 2022 | 99 | $6.9M | $149,577 | $488,953 |
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 |
|---|---|---|---|---|
| CARR RIGGS & INGRAM LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $69,405 | $64,839 | — | — | — |
| 2023 | $50,660 | $35,500 | — | — | — |
| 2022 | $4,426 | — | — | — | — |