Plan Snapshot
- Plan Sponsor: Bayaud Enterprises, INC.
- Sponsor EIN: 840616970
- Sponsor Address: 333 W BAYAUD AVENUE, DENVER, CO, 80223
- Plan Type: Health & Welfare
- Plan Number: 510
- Total Participants: 118
- Total Assets: $4,108
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 118 | $4,108 | $75,847 | $0 |
| 2023 | 118 | $52,406 | $106,179 | $0 |
| 2022 | 116 | $26,635 | $103,443 | $0 |
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 |
|---|---|---|---|---|
| BOON ADMINISTRATIVE SERVICES | Other Service Provider | $103,958 | — | $103,958 |
| THE BOON INSURANCE AGENCY | Recordkeeper | $13,770 | — | $13,770 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $117,728
- Estimated Expense Ratio: 2865.823% 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 | $98,995 | — | — | — | — |
| 2023 | $106,181 | — | — | — | — |
| 2022 | $103,440 | — | — | — | — |