Plan Snapshot
- Plan Sponsor: West Coast Berry Farms, LLC
- Sponsor EIN: 465299489
- Sponsor Address: 4324 E. VINEYARD AVE., OXNARD, CA, 93036
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 103
- Total Assets: $231,087
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 103 | $231,087 | $495,617 | $320,310 |
| 2023 | 91 | $158,227 | $631,018 | $398,514 |
| 2022 | 163 | $20,609 | $601,448 | $364,136 |
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 |
|---|---|---|---|---|
| USI INSURANCE SERVICES (CA) | Investment Advisor | $26,220 | — | $26,220 |
| THE BENECON GROUP, LLC | Investment Advisor | $25,655 | — | $25,655 |
| MERITAIN HEALTH | Other Service Provider | $20,961 | — | $20,961 |
| CONNECTCARE3, LLC | Other Service Provider | $7,183 | — | $7,183 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $80,019
- Estimated Expense Ratio: 34.627% 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 | $410,755 | — | $259,616 | — | — |
| 2023 | $324,921 | — | $324,921 | — | — |
| 2022 | $301,184 | — | $301,184 | — | — |