Plan Snapshot
- Plan Sponsor: Porto'S Bakery, INC.
- Sponsor EIN: 954610775
- Sponsor Address: 3614 W. MAGNOLIA BLVD., BURBANK, CA, 91505
- Plan Type: 401(k)
- Total Participants: 1,598
- Total Assets: $10.0M
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 | 1,598 | $10.0M | $503,757 | $1.6M |
| 2023 | 1,120 | $7.5M | $434,135 | $1.4M |
| 2022 | 844 | $5.3M | $344,649 | $1.1M |
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 |
|---|---|---|---|---|
| ACTUARIAL BENEFITS CORP. | THIRD PARTY ADMINISTRATO | $12,586 | — | $12,586 |
| TRANSAMERICA RETIREMENT SOLUTIONS, | RECORDKEEPER | $9,157 | — | $9,157 |
| TRANSAMERICA LIFE INSURANCE COMPANY | RECORDKEEPER | $6,332 | — | $6,332 |
| RIVERA, JAMJIAN & ASSOCIATES, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS, — RECORDKEEPER
- TRANSAMERICA LIFE INSURANCE COMPANY — RECORDKEEPER
- RIVERA, JAMJIAN & ASSOCIATES, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $28,075
- Estimated Expense Ratio: 0.280% 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 | $34,060 | — | $34,060 | — | — |
| 2023 | $16,698 | — | $16,698 | — | — |
| 2022 | $35,920 | — | $17,765 | — | $18,155 |