Plan Snapshot
- Plan Sponsor: Success Foods Management Group LLC
- Sponsor EIN: 260483845
- Sponsor Address: 4501 SPRINGDALE ROAD, AUSTIN, TX, 78723
- Plan Type: 401(k)
- Total Participants: 2,822
- Total Assets: $4.7M
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 | 2,822 | $4.7M | $248,755 | $680,371 |
| 2023 | 3,089 | $4.2M | $205,974 | $607,461 |
| 2022 | 2,864 | $3.4M | $207,337 | $631,830 |
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 |
|---|---|---|---|---|
| NOVA 401K ASSOCIATES | THIRD PARTY ADMINISTRATOR | $9,479 | $2,181 | $11,660 |
| ARMANINO LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ARMANINO LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,660
- Estimated Expense Ratio: 0.248% 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 | $51,193 | — | $51,193 | — | — |
| 2023 | $45,247 | $36,822 | $8,425 | — | — |
| 2022 | $31,371 | — | $31,371 | — | — |