# Paradise Foods, INC. 401(k) Plan
Source: https://planprovider.pro/companies/paradise-foods-inc-401k-plan

> Paradise Foods, INC.&#39;s 401(k) plan: 58 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Paradise Foods, INC.

- **Sponsor EIN:** 640867887

- **Sponsor Address:** POST OFFICE BOX 18939, NATCHEZ, MS, 391220000

- **Plan Type:** 401(k)

- **Total Participants:** 58

- **Total Assets:** $1.8M

## 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|58|$1.8M|$45,954|$88,483|

| 2023|65|$1.7M|$40,347|$101,212|

| 2022|69|$1.6M|$62,196|$102,120|

## 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|

| LPL FINANCIAL CORPORATION|NONE|—|$8,127|$8,127|

| SILAS SIMMONS, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [SILAS SIMMONS, LLP](https://planprovider.pro/provider/silas-simmons-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $8,127

- **Estimated Expense Ratio:** 0.457% 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|$1|—|—|—|—|

| 2023|$2,040|—|—|—|—|

| 2022|$2,292|—|—|—|$2,292|

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- [Roberts Company, INC.](https://planprovider.pro/companies/roberts-company-inc-401k-plan) — 677 participants

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