Plan Snapshot
- Plan Sponsor: Piantedosi Baking Company INC.
- Sponsor EIN: 042084140
- Sponsor Address: 240 COMMERCIAL STREET, MALDEN, MA, 02148
- Plan Type: 401(k)
- Total Participants: 169
- Total Assets: $26.8M
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 | 169 | $26.8M | $362,515 | $776,065 |
| 2023 | 162 | $23.5M | $317,822 | $708,165 |
| 2022 | 146 | $22.2M | $293,648 | $677,207 |
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 |
|---|---|---|---|---|
| COMMONWEALTH FINANCIAL NETWORK | Investment Advisor | — | $45,968 | $45,968 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- COMMONWEALTH FINANCIAL NETWORK — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,968
- Estimated Expense Ratio: 0.171% 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 | $103,111 | $45,968 | $57,111 | — | — |
| 2023 | $99,757 | $46,068 | $53,664 | — | — |
| 2022 | $103,087 | $47,153 | $55,934 | — | — |