Plan Snapshot
- Plan Sponsor: Bay & Bay Transfer Co., INC.
- Sponsor EIN: 410141842
- Sponsor Address: 2905 WEST SERVICE ROAD, SUITE 2000, EAGAN, MN, 55121
- Plan Type: 401(k)
- Total Participants: 448
- Total Assets: $12.0M
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 | 448 | $12.0M | $192,526 | $1.2M |
| 2023 | 362 | $10.3M | $175,889 | $1.1M |
| 2022 | 278 | $9.1M | $153,285 | $908,459 |
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 |
|---|---|---|---|---|
| LAWRENCE CUMPSTON & ASSOCIATES PLLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $50,264 | $2,292 | $47,972 | — | — |
| 2023 | $43,038 | $33,372 | $9,666 | — | — |
| 2022 | $45,316 | — | — | — | — |