Plan Snapshot
- Plan Sponsor: Great Bay Distributors, INC.
- Sponsor EIN: 591196133
- Sponsor Address: 2750 EAGLE AVENUE NORTH, ST. PETERSBURG, FL, 33716
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 544
- Total Assets: $218,013
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. |
|---|---|---|---|---|
| 2024 | 544 | $218,013 | $2.5M | $1.4M |
| 2023 | 337 | $369,441 | $1.3M | $1.5M |
| 2022 | 282 | $1.2M | $1.1M | $706,645 |
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 |
|---|---|---|---|---|
| BOON-CHAPMAN | Recordkeeper | $141,169 | — | $141,169 |
| BEVCAP MANAGEMENT, LLC | Other Service Provider | $110,152 | — | $110,152 |
| AETNA - PPO | Insurance Carrier | $67,429 | — | $67,429 |
| RETRO HEALTH, LLC | Other Service Provider | $30,072 | — | $30,072 |
| BEVCAP HEALTH PROTECTED CELL L | Other Service Provider | $23,004 | — | $23,004 |
| THE PHIA GROUP, LLC | Other Service Provider | $9,442 | — | $9,442 |
| 98POINT6 | Other Service Provider | $8,462 | — | $8,462 |
| WELLDYNERX, LLC | Other Service Provider | $6,956 | — | $6,956 |
| SPRING CARE INC | Other Service Provider | $5,943 | — | $5,943 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $402,629
- Estimated Expense Ratio: 184.681% 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 | $409,376 | — | $409,376 | — | — |
| 2023 | $405,252 | — | $405,252 | — | — |
| 2022 | $211,172 | — | — | — | — |