Plan Snapshot
- Plan Sponsor: Toufayan Bakery Of Florida INC
- Sponsor EIN: 592295770
- Sponsor Address: 175 RAILROAD AVE, RIDGEFIELD, NJ, 076572312
- Plan Type: 401(k)
- Total Participants: 644
- Total Assets: $6.6M
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 | 644 | $6.6M | $242,339 | $787,419 |
| 2023 | 649 | $5.6M | $226,002 | $698,555 |
| 2022 | 674 | $4.9M | $218,417 | $660,712 |
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 |
|---|---|---|---|---|
| SAX LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SAX LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $43,749 | $29,997 | $12,892 | — | — |
| 2023 | $39,090 | $1,607 | $3,822 | — | — |
| 2022 | $37,441 | $24,807 | $12,634 | — | — |