Plan Snapshot
- Plan Sponsor: Rio Farms , LLC
- Sponsor EIN: 770009052
- Sponsor Address: 1051 SOUTH PACIFIC AVENUE, OXNARD, CA, 93030
- Plan Type: 401(k)
- Total Participants: 801
- Total Assets: $17.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 801 | $17.3M | $123,897 | $824,604 |
| 2023 | 721 | $16.1M | $128,757 | $858,342 |
| 2022 | 733 | $13.6M | $119,370 | $796,429 |
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 |
|---|---|---|---|---|
| LPL FINANCIAL LLC | ADVISOR | $31,625 | — | $31,625 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $26,146 | — | $26,146 |
| CUTTONE & MASTRO CPA | ACCOUNTANT/AUDITOR | $8,500 | — | $8,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LPL FINANCIAL LLC — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,271
- Estimated Expense Ratio: 0.383% 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 | $66,271 | $31,625 | — | $8,500 | — |
| 2023 | $71,274 | $28,022 | — | $12,100 | — |
| 2022 | $72,998 | — | — | — | — |