Plan Snapshot
- Plan Sponsor: Suiza Dairy Corp.
- Sponsor EIN: 660617827
- Sponsor Address: PO BOX 363207, SAN JUAN, PR, 009363207
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 284
- Total Assets: $18.0M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 284 | $18.0M | $286,410 | $718,262 |
| 2023 | 670 | $20.2M | $308,490 | $10,467 |
| 2022 | 670 | $18.7M | $383,259 | $929,425 |
| 2020 | 683 | $19.9M | $348,537 | $860,402 |
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 |
|---|---|---|---|---|
| INDEPENDENT FINANCIAL GROUP LLC | Investment Advisor | $56,473 | — | $56,473 |
| LUIS RODRIGUEZ SANABRIA | Auditor | $43,505 | — | $43,505 |
| EMPOWER ANNUITY INSURANCE COMPANY F | Recordkeeper | $26,292 | — | $26,292 |
| A & A EMPLOYEE BENEFITS CONSULTING | Other Service Provider | — | $10,000 | $10,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $136,270
- Estimated Expense Ratio: 0.757% 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 | $80,427 | — | — | — | — |
| 2023 | $21,991 | — | — | — | — |
| 2022 | $25,205 | — | — | — | — |
| 2020 | $29,448 | — | — | — | — |