Plan Snapshot
- Plan Sponsor: Flora Food Sourcing Us, INC.
- Sponsor EIN: 473857151
- Sponsor Address: 433 HACKENSACK AVENUE SUITE 401, HACKENSACK, NJ, 07601
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 261
- Total Assets: $12.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 261 | $12.0M | $0 | $0 |
| 2024 | 252 | $10.0M | $821,230 | $821,548 |
| 2023 | 337 | $8.0M | $895,314 | $846,857 |
| 2022 | 308 | $6.2M | $869,941 | $798,107 |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | Other Service Provider | $58,557 | — | $58,557 |
| CHARLES SCHWAB | Other Service Provider | — | $7,689 | $7,689 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,246
- Estimated Expense Ratio: 0.550% 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 |
|---|---|---|---|---|---|
| 2025 | $1,618,022 | — | $58,557 | — | — |
| 2024 | $64,184 | — | — | — | — |
| 2023 | $57,004 | — | — | — | — |
| 2022 | $49,600 | — | — | — | $49,600 |