Plan Snapshot
- Plan Sponsor: Bay Human Services, INC.
- Sponsor EIN: 382335441
- Sponsor Address: P.O. BOX 741, STANDISH, MI, 48658
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 520
- Total Assets: $2.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 520 | $2.2M | $164,820 | $283,006 |
| 2023 | 517 | $1.8M | $311,868 | $263,876 |
| 2022 | 536 | $1.2M | $0 | $259,551 |
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 |
|---|---|---|---|---|
| WEINLANDER FITZHUGH | 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 | $8,284 | $4,428 | — | — | — |
| 2023 | $9,095 | $1,393 | $7,702 | — | — |
| 2022 | $11,254 | — | $11,254 | — | — |