Plan Snapshot
- Plan Sponsor: Sara Lee Frozen Bakery, LLC
- Sponsor EIN: 830662567
- Sponsor Address: 1 TOWER LANE, SUITE 600, OAKBROOK TERRACE, IL, 60181
- Plan Type: 401(k)
- Total Participants: 1,500
- Total Assets: $51.5M
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 | 1,500 | $51.5M | $2.1M | $4.2M |
| 2023 | 1,359 | $46.9M | $2.3M | $4.3M |
| 2022 | 1,567 | $38.1M | $2.5M | $4.6M |
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 |
|---|---|---|---|---|
| NORTHWEST PLAN SERVICES, INC | RECORDKEEPER, TPA | $112,339 | — | $112,339 |
| MERCER | NONE | $60,290 | — | $60,290 |
| SMITH & HOWARD, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NORTHWEST PLAN SERVICES, INC — RECORDKEEPER, TPA
- MERCER — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $172,629
- Estimated Expense Ratio: 0.335% 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 | $172,629 | $60,290 | $112,339 | — | — |
| 2023 | $178,295 | $45,000 | $133,295 | — | — |
| 2022 | $57,975 | — | — | — | $57,975 |