Plan Snapshot
- Plan Sponsor: Phillips Farms, LLC
- Sponsor EIN: 680466748
- Sponsor Address: 4580 WEST HIGHWAY 12, LODI, CA, 95242
- Plan Type: 401(k)
- Total Participants: 171
- Total Assets: $14.5M
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 | 171 | $14.5M | $316,153 | $874,765 |
| 2023 | 172 | $12.1M | $367,994 | $912,131 |
| 2022 | 180 | $10.4M | $378,294 | $997,347 |
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 |
|---|---|---|---|---|
| BOWMAN AND COMPANY LLP | 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 | $1,300 | — | — | — | — |
| 2023 | $1,719 | — | — | — | — |
| 2022 | $1,553 | — | — | — | — |