Plan Snapshot
- Plan Sponsor: Behavioral Learning Systems INC
- Sponsor EIN: 205608606
- Sponsor Address: 1408 NW 6TH ST., GAINESVILLE, FL, 32601
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 62
- Total Assets: $534,762
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. |
|---|---|---|---|---|
| 2025 | 62 | $534,762 | $0 | $0 |
| 2024 | 52 | $410,615 | $38,340 | $104,677 |
| 2023 | 52 | $371,378 | $39,809 | $91,510 |
| 2022 | 48 | $232,574 | $30,641 | $56,880 |
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 |
|---|---|---|---|---|
| ADP, INC. | Recordkeeper | $15,064 | — | $15,064 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,064
- Estimated Expense Ratio: 2.817% 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 | $113,623 | — | — | — | — |
| 2024 | $149,844 | — | — | — | — |
| 2023 | $37,578 | — | — | — | — |
| 2022 | $19,851 | — | — | — | — |