Plan Snapshot
- Plan Sponsor: Superior Foods Company
- Sponsor EIN: 382427555
- Sponsor Address: 4243 BROADMOOR SE, GRAND RAPIDS, MI, 495123934
- Plan Type: 401(k)
- Total Participants: 332
- Total Assets: $7.1M
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 | 332 | $7.1M | $317,118 | $705,295 |
| 2023 | 297 | $6.2M | $286,220 | $622,794 |
| 2022 | 268 | $4.7M | $251,209 | $574,942 |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | RECORDKEEPER | $16,250 | — | $16,250 |
| LPL FINANCIAL RPCP | INVESTMENT ADVISOR | $13,178 | — | $13,178 |
| KDP RETIREMENT PLAN SERVICES, INC. | TPA | $10,931 | — | $10,931 |
| MONROE SWEERIS & TROMP PLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — RECORDKEEPER
- MONROE SWEERIS & TROMP PLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,359
- Estimated Expense Ratio: 0.565% 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 | $35,559 | — | $35,559 | — | — |
| 2023 | $30,182 | — | $30,182 | — | — |
| 2022 | $27,820 | — | $27,820 | — | — |