Plan Snapshot
- Plan Sponsor: West Quality Food Service, INC.
- Sponsor EIN: 640511249
- Sponsor Address: 220 NORTH 16TH AVE., LAUREL, MS, 39440
- Plan Type: 401(k)
- Total Participants: 1,923
- Total Assets: $2.9M
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 | 1,923 | $2.9M | $48,806 | $224,715 |
| 2023 | 478 | $2.9M | $43,679 | $192,095 |
| 2022 | 409 | $2.5M | $43,941 | $185,644 |
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 |
|---|---|---|---|---|
| REGIONS BANK | ADVISOR | $11,409 | — | $11,409 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $8,665 | — | $8,665 |
| MCDANIEL & ASSOCIATES, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- MCDANIEL & ASSOCIATES, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,074
- Estimated Expense Ratio: 0.691% 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 | $20,074 | $11,409 | — | — | — |
| 2023 | $17,435 | $10,534 | — | — | — |
| 2022 | $20,358 | — | — | — | — |