Plan Snapshot
- Plan Sponsor: Ready Pac Produce, INC.
- Sponsor EIN: 952628613
- Sponsor Address: 4401 FOXDALE AVENUE, IRWINDALE, CA, 91706
- Plan Type: 401(k)
- Total Participants: 2,457
- Total Assets: $66.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,457 | $66.4M | $1.1M | $5.7M |
| 2023 | 2,210 | $60.1M | $1.2M | $5.7M |
| 2022 | 2,447 | $54.7M | $1.3M | $5.7M |
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 |
|---|---|---|---|---|
| MILLER KAPLAN ARASE LLP | Auditor | $15,200 | — | $15,200 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLER KAPLAN ARASE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,200
- Estimated Expense Ratio: 0.023% 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 | $330,624 | $84,495 | — | $15,200 | — |
| 2023 | $308,351 | $81,620 | $1,200 | $14,700 | — |
| 2022 | $339,805 | $11,938 | — | — | — |