Plan Snapshot
- Plan Sponsor: Progressive Produce LLC
- Sponsor EIN: 550808111
- Sponsor Address: 15130 NORTHAM STREET, LA MIRADA, CA, 90638
- Plan Type: 401(k)
- Total Participants: 227
- Total Assets: $15.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 227 | $15.8M | $352,365 | $880,764 |
| 2023 | 242 | $14.4M | $355,560 | $880,535 |
| 2022 | 266 | $12.8M | $351,986 | $867,802 |
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 |
|---|---|---|---|---|
| LASALLE ST. SECURITIES, LLC | BROKER | — | $27,773 | $27,773 |
| BENEFIT EQUITY INC | TPA | $2,919 | $5,936 | $8,855 |
| LSL, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LSL, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,628
- Estimated Expense Ratio: 0.232% 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 | $3,200 | — | $3,200 | — | — |
| 2023 | $3,352 | — | — | — | — |
| 2022 | $3,835 | — | — | — | $3,835 |