# Pelican Products, INC. 401(k) Plan
Source: https://planprovider.pro/companies/pelican-products-inc-401k-plan

> Pelican Products, INC.'s 401(k) plan: 1,224 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Pelican Products, INC.

- **Sponsor EIN:** 953259634

- **Sponsor Address:** 23215 EARLY AVE., TORRANCE, CA, 90505

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

- **Total Participants:** 1,224

- **Total Assets:** $132.3M

## 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|1,224|$132.3M|$2.6M|$5.6M|

| 2023|1,034|$119.8M|$2.4M|$5.3M|

| 2022|1,088|$104.6M|$2.2M|$5.1M|

## 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|

| SAGEVIEW ADVISORY GROUP LLC|ADVISOR|$60,000|—|$60,000|

| WRIGHT FORD YOUNG|Auditor|—|—|$0|

### Verified Provider Profiles

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

- [SAGEVIEW ADVISORY GROUP LLC](https://planprovider.pro/provider/sageview-advisory-group) — ADVISOR

- [WRIGHT FORD YOUNG](https://planprovider.pro/provider/wright-ford-young-and-co) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $60,000

- **Estimated Expense Ratio:** 0.045% 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|$45,634|$60,000|$1,200|—|—|

| 2023|$508|$10,000|—|—|—|

| 2022|$3,677|—|—|—|—|

## Similar Plans

- [Hunter Industries Incorporated](https://planprovider.pro/companies/hunter-industries-incorporated-401k-plan) — 1,187 participants

- [Georg Fischer Signet LLC](https://planprovider.pro/companies/georg-fischer-signet-llc-401k-plan) — 1,173 participants

- [J-M Manufacturing Company, INC.](https://planprovider.pro/companies/j-m-manufacturing-company-inc-401k-plan) — 1,472 participants

- [J-M Manufacturing Co., INC](https://planprovider.pro/companies/j-m-manfacturing-co-inc-plan) — 1,486 participants

- [Cambro Manufacturing Company](https://planprovider.pro/companies/cambro-manufacturing-company-401k-plan) — 859 participants

- [Rain Bird Corporation](https://planprovider.pro/companies/rain-bird-corporation-401k-plan) — 826 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/pelican-products-inc-401k-plan)

© 2026 PlanProvider.Pro