Plan Snapshot
- Plan Sponsor: Spruce Restaurant (Bacchus Management Group)
- Sponsor EIN: 943356925
- Sponsor Address: P.O. BOX 620442, WOODSIDE, CA, 94062
- Plan Type: 401(k)
- Plan Number: 505
- Total Participants: 178
- Total Assets: $626,398
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 178 | $626,398 | $272,272 | $0 |
| 2023 | 36 | $108,998 | $4,173 | $0 |
| 2022 | 41 | $116,329 | $24,394 | $0 |
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 |
|---|---|---|---|---|
| NAVIA BENEFIT SOLUTIONS, INC. | Recordkeeper | $35,061 | — | $35,061 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,061
- Estimated Expense Ratio: 5.597% 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 | $35,062 | — | $35,062 | — | — |
| 2023 | $11,504 | — | — | — | — |
| 2022 | $15,224 | — | — | — | — |