Plan Snapshot
- Plan Sponsor: Bay Area Youth Services, INC.
- Sponsor EIN: 592184150
- Sponsor Address: 3104 CHERRY PALM DR STE 220, TAMPA, FL, 336198315
- Plan Type: 401(k)
- Total Participants: 314
- Total Assets: $1.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 314 | $1.7M | $113,548 | $296,553 |
| 2023 | 189 | $1.3M | $0 | $193,973 |
| 2022 | 187 | $1.1M | $85,958 | $142,443 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $20,164 | — | $20,164 |
| MMA SECURITIES LLC | OTHER SERVICES | — | $5,090 | $5,090 |
| RIVERO, GORDIMER & COMPANY, P.A. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MMA SECURITIES LLC — OTHER SERVICES
- RIVERO, GORDIMER & COMPANY, P.A. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,254
- Estimated Expense Ratio: 1.516% 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 | $20,165 | — | $20,165 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | $15,914 | — | $15,914 | — | — |