# Salud Para La Gente 401(k) Plan
Source: https://planprovider.pro/companies/salud-para-la-gente-401k-plan

> Salud Para La Gente's 401(k) plan: 512 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Salud Para La Gente

- **Sponsor EIN:** 942705747

- **Sponsor Address:** 195 AVIATION WAY, SUITE 200, WATSONVILLE, CA, 95076

- **Plan Type:** 401(k)

- **Total Participants:** 512

- **Total Assets:** $23.7M

## 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|512|$23.7M|$943,363|$1.9M|

| 2023|489|$20.6M|$671,021|$1.9M|

| 2022|469|$16.7M|$524,731|$1.6M|

## 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|

| NEWPORT GROUP, INC.|RECORDKEEPER|$68,550|—|$68,550|

| FORVIS MAZARS LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FORVIS MAZARS LLP](https://planprovider.pro/provider/forvis-mazars-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $68,550

- **Estimated Expense Ratio:** 0.289% 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|$68,550|—|$68,550|—|—|

| 2023|$58,320|—|$37,365|—|—|

| 2022|$45,398|—|$39,015|—|$6,383|

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