Plan Snapshot
- Plan Sponsor: Mission Produce, INC.
- Sponsor EIN: 953847744
- Sponsor Address: 2710 CAMINO DEL SOL, OXNARD, CA, 93030
- Plan Type: 401(k)
- Total Participants: 476
- Total Assets: $33.8M
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 | 476 | $33.8M | $1.1M | $2.3M |
| 2023 | 456 | $27.8M | $1.0M | $2.1M |
| 2022 | 405 | $22.7M | $975,948 | $2.1M |
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 |
|---|---|---|---|---|
| MERCER INVESTMENT MANAGEMENT INC | Investment Advisor | $42,366 | — | $42,366 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $29,794 | — | $29,794 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $15,928 | — | $15,928 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $88,088
- Estimated Expense Ratio: 0.260% 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 | $88,088 | $58,294 | $1,200 | — | — |
| 2023 | $72,416 | $51,403 | — | — | — |
| 2022 | $39,026 | $5,929 | — | — | — |