# Bayshore Transportation System, INC. Health &amp; Welfare Plan
Source: https://planprovider.pro/companies/bayshore-transportation-system-inc-510117053-501

> Bayshore Transportation System, INC.&#39;s Health &amp; Welfare plan: 61 participants, plan year 2025 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2025.

## Plan Snapshot

- **Plan Sponsor:** Bayshore Transportation System, INC.

- **Sponsor EIN:** 510117053

- **Sponsor Address:** 901 DAWSON DRIVE, NEWARK, DE, 19713

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 61

- **Total Assets:** $237,882

## 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.|

| 2025|61|$237,882|$0|$0|

| 2024|60|$394,862|$952,893|$199,800|

| 2023|147|$234,390|$1.1M|$235,742|

| 2022|90|$82,368|$992,164|$259,920|

## 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|

| THE BENECON GROUP|Investment Advisor|$59,031|—|$59,031|

| HIGHMARK OF DELAWARE|Other Service Provider|$15,083|—|$15,083|

| WEINER BENEFITS GROUP|Investment Advisor|$14,500|—|$14,500|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $88,614

- **Estimated Expense Ratio:** 37.251% 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|

| 2025|$1,252,664|—|—|—|—|

| 2024|$982,091|—|—|—|—|

| 2023|$1,066,438|—|—|—|—|

| 2022|$1,244,827|—|—|—|—|

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