Plan Snapshot
- Plan Sponsor: Bay Corrugated Container, INC.
- Sponsor EIN: 340941535
- Sponsor Address: 1655 WEST SEVENTH STREET, MONROE, MI, 48161
- Plan Type: 401(k)
- Total Participants: 281
- Total Assets: $12.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 281 | $12.0M | $176,405 | $552,763 |
| 2023 | 241 | $11.5M | $183,145 | $505,599 |
| 2022 | 232 | $10.4M | $195,973 | $546,259 |
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 |
|---|---|---|---|---|
| FIFTH THIRD BANK | Other Service Provider | $18,692 | — | $18,692 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $16,145 | — | $16,145 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $11,517 | — | $11,517 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,354
- Estimated Expense Ratio: 0.385% 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 | $46,354 | $11,517 | — | — | — |
| 2023 | $42,066 | $7,783 | — | — | — |
| 2022 | $42,562 | $1,908 | — | — | — |