Plan Snapshot
- Plan Sponsor: Woodland Foods, Ltd
- Sponsor EIN: 363824252
- Sponsor Address: 3751 SUNSET AVENUE, WAUKEGAN, IL, 60087
- Plan Type: 401(k)
- Total Participants: 342
- Total Assets: $14.6M
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 | 342 | $14.6M | $792,183 | $1.5M |
| 2023 | 332 | $11.8M | $535,723 | $1.1M |
| 2022 | 292 | $9.9M | $965,026 | $992,753 |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $47,660 | — | $47,660 |
| NEWSQUARE CAPITAL, LLC | SERVICE PROVIDER | — | $25,697 | $25,697 |
| CROWE LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,357
- Estimated Expense Ratio: 0.503% 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 | $47,888 | $311 | $46,927 | — | — |
| 2023 | $19,963 | $7 | $18,503 | — | — |
| 2022 | $21,435 | — | $17,757 | — | — |