Plan Snapshot
- Plan Sponsor: Beyel Brothers, INC. 401(K) Plan
- Sponsor EIN: 592937835
- Sponsor Address: 550 CIDCO ROAD, COCOA, FL, 32926
- Plan Type: 401(k)
- Total Participants: 427
- Total Assets: $9.6M
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. |
|---|---|---|---|---|
| 2024 | 427 | $9.6M | $226,325 | $888,481 |
| 2023 | 382 | $8.4M | $185,868 | $797,194 |
| 2022 | 377 | $6.8M | $205,951 | $813,066 |
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 |
|---|---|---|---|---|
| ALLIANCE PENSION CONSULTANTS, LLC | RECORDKEEPER | $34,715 | — | $34,715 |
| OAKSTREET WEALTH MANAGEMENT | INVESTMENT ADVISOR | $10,000 | — | $10,000 |
| CHARLES SCHWAB TRUST BANK | CUSTODIAN | — | $7,565 | $7,565 |
| SIKICH CPA LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES SCHWAB TRUST BANK — CUSTODIAN
- SIKICH CPA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,280
- Estimated Expense Ratio: 0.543% 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 | $44,715 | $10,000 | — | — | — |
| 2023 | $45,432 | $10,000 | — | — | — |
| 2022 | $44,829 | $10,000 | — | — | $34,829 |