Plan Snapshot
- Plan Sponsor: Bayside Auto Group
- Sponsor EIN: 521664217
- Sponsor Address: 1200 SOLOMONS ISLAND ROAD, PRINCE FREDERICK, MD, 20678
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 338
- Total Assets: $16.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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. |
|---|---|---|---|---|
| 2025 | 338 | $16.9M | $0 | $0 |
| 2024 | 296 | $14.3M | $441,538 | $785,578 |
| 2023 | 276 | $12.4M | $485,643 | $910,919 |
| 2022 | 280 | $10.6M | $548,460 | $1.1M |
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 |
|---|---|---|---|---|
| EDWARD D JONES & COMPANY | Investment Advisor | $37,971 | — | $37,971 |
| TRANSAMERICA LIFE INSURANCE COMPANY | Recordkeeper | $23,111 | — | $23,111 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,082
- Estimated Expense Ratio: 0.362% 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 | $1,103,702 | $41,026 | — | — | — |
| 2024 | $58,093 | $35,355 | — | — | — |
| 2023 | $50,589 | $30,920 | — | — | — |
| 2022 | $44,525 | $26,146 | — | — | — |