Plan Snapshot
- Plan Sponsor: Great Bay Distributors, INC.
- Sponsor EIN: 591196133
- Sponsor Address: 2750 EAGLE AVENUE N, ST. PETERSBURG, FL, 33716
- Plan Type: 401(k)
- Total Participants: 354
- Total Assets: $42.8M
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 | 354 | $42.8M | $589,641 | $1.9M |
| 2023 | 356 | $41.2M | $570,944 | $1.9M |
| 2022 | 351 | $36.0M | $331,526 | $1.0M |
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 |
|---|---|---|---|---|
| MML INVESTORS SERVICES LLC | INVESTMENT ADVISOR | $18,494 | — | $18,494 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $14,933 | — | $14,933 |
| IFP ADVISORS INC DBA INDEPENDENT | INVESTMENT ADVISOR | $14,667 | — | $14,667 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $10,900 | — | $10,900 |
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,994
- Estimated Expense Ratio: 0.138% 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 | $58,994 | $48,094 | — | — | — |
| 2023 | $59,796 | $59,796 | — | — | — |
| 2022 | $33,079 | $33,079 | — | — | — |