Plan Snapshot
- Plan Sponsor: Perfection Bakeries, INC.
- Sponsor EIN: 350577170
- Sponsor Address: 350 PEARL STREET, FORT WAYNE, IN, 46802
- Plan Type: 401(k)
- Total Participants: 628
- Total Assets: $106.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 628 | $106.2M | $2.5M | $4.3M |
| 2023 | 601 | $100.5M | $2.5M | $4.0M |
| 2022 | 674 | $89.7M | $2.5M | $3.4M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK | RETAINED BY EMPLOYER | $183,908 | — | $183,908 |
| PROCOURSE FIDUCIARY ADVISORS, LLC | RETAINED BY CLIENT | $44,000 | — | $44,000 |
| CROWE, LLP | RETAINED BY EMPLOYER | $14,175 | — | $14,175 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — RETAINED BY EMPLOYER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $242,083
- Estimated Expense Ratio: 0.228% 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 | $242,083 | $94,368 | $133,540 | $14,175 | — |
| 2023 | $231,306 | $92,279 | $115,777 | $23,250 | — |
| 2022 | $206,482 | $101,420 | $105,062 | — | — |