Plan Snapshot
- Plan Sponsor: Portland Specialty Baking, LLC
- Sponsor EIN: 352221306
- Sponsor Address: 3423 NE 172ND PL, PORTLAND, OR, 97230
- Plan Type: 401(k)
- Total Participants: 158
- Total Assets: $2.9M
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 | 158 | $2.9M | $152,087 | $181,517 |
| 2023 | 175 | $2.4M | $146,558 | $173,287 |
| 2022 | 148 | $1.9M | $146,406 | $173,688 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | — | $15,101 | $15,101 |
| INDEPENDENT RETIREMENT CONSULTING L | Other Service Provider | $7,050 | — | $7,050 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $6,821 | — | $6,821 |
| AMERIPRISE FINANCIAL SERVICES | Investment Advisor | — | $6,111 | $6,111 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,083
- Estimated Expense Ratio: 1.205% 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 | $29,485 | — | $28,480 | — | — |
| 2023 | $26,158 | — | $23,197 | — | — |
| 2022 | $25,020 | — | $24,795 | — | $225 |