Plan Snapshot
- Plan Sponsor: Plant Sciences, INC.
- Sponsor EIN: 770057997
- Sponsor Address: 342 GREEN VALLEY ROAD, WATSONVILLE, CA, 95076
- Plan Type: 401(k)
- Total Participants: 180
- Total Assets: $9.9M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 180 | $9.9M | $272,006 | $170,786 |
| 2023 | 192 | $8.8M | $263,123 | $165,592 |
| 2022 | 205 | $7.9M | $232,661 | $199,619 |
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 |
|---|---|---|---|---|
| PENTEGRA RETIREMENT SERVICES | Other Service Provider | $24,861 | — | $24,861 |
| COMMONWEALTH FINANCIAL NETWORK | Investment Advisor | $24,376 | — | $24,376 |
| ASCENSUS LLC | Recordkeeper | $23,030 | $8 | $23,038 |
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: $72,275
- Estimated Expense Ratio: 0.731% 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 | $78,959 | — | — | — | — |
| 2023 | $69,016 | $69,016 | — | — | — |
| 2022 | $69,933 | $69,933 | — | — | — |