Plan Snapshot
- Plan Sponsor: Baycare Health System
- Sponsor EIN: 592796965
- Sponsor Address: 2985 DREW ST., CLEARWATER, FL, 33759
- Plan Type: 401(k)
- Total Participants: 33,101
- Total Assets: $3.1B
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 | 33,101 | $3.1B | $94.7M | $195.0M |
| 2023 | 31,828 | $2.7B | $87.7M | $178.3M |
| 2022 | 29,289 | $2.2B | $77.4M | $160.4M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $1,443,105 | — | $1,443,105 |
| CAPFINANCIAL PARTNERS, LLC | CONSULTANT | $135,000 | — | $135,000 |
| KPMG LLP | CONSULTANT | $30,900 | — | $30,900 |
| HILL WARD HENDERSON | CONSULTANT | $17,676 | — | $17,676 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- KPMG LLP — CONSULTANT
- HILL WARD HENDERSON — CONSULTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,626,681
- Estimated Expense Ratio: 0.052% 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 | $1,626,681 | — | $5,700 | — | — |
| 2023 | $1,639,702 | — | $7,500 | $23,500 | — |
| 2022 | $1,816,809 | — | — | — | — |