Plan Snapshot
- Plan Sponsor: Ridley'S Food Corporation
- Sponsor EIN: 820419791
- Sponsor Address: 621 WASHINGTON ST. S, TWIN FALLS, ID, 83301
- Plan Type: 401(k)
- Total Participants: 1,666
- Total Assets: $12.1M
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 | 1,666 | $12.1M | $566,370 | $1.1M |
| 2023 | 1,519 | $10.6M | $366,096 | $903,119 |
| 2022 | 1,602 | $10.9M | $422,351 | $999,780 |
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 O | Recordkeeper | $38,814 | — | $38,814 |
| RAYMOND JAMES & ASSOCIATES INC | Investment Advisor | $25,254 | — | $25,254 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $9,026 | — | $9,026 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,094
- Estimated Expense Ratio: 0.605% 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 | $73,095 | $34,280 | — | — | — |
| 2023 | $84,556 | $43,899 | — | — | — |
| 2022 | $91,759 | $41,641 | $50,118 | — | — |