Plan Snapshot
- Plan Sponsor: Homes By West Bay, LLC
- Sponsor EIN: 271060879
- Sponsor Address: 4065 CRESCENT PARK DRIVE, RIVERVIEW, FL, 33578
- Plan Type: 401(k)
- Total Participants: 250
- Total Assets: $19.2M
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. |
|---|---|---|---|---|
| 2024 | 250 | $19.2M | $1.0M | $2.1M |
| 2023 | 225 | $14.9M | $809,911 | $1.8M |
| 2022 | 198 | $11.2M | $678,318 | $1.4M |
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 |
|---|---|---|---|---|
| NORTHWESTERN MUTUAL PRIVATE CLIENT | ADVISOR | $47,463 | — | $47,463 |
| ONEAMERICA RETIREMENT SERVICES | RECORDKEEPER | $32,482 | — | $32,482 |
| THE AMERICAN AUDITORS GROUP, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE AMERICAN AUDITORS GROUP, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $79,945
- Estimated Expense Ratio: 0.417% 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 | $79,945 | $47,463 | — | — | — |
| 2023 | $66,161 | $36,790 | $29,371 | — | — |
| 2022 | $62,101 | $23,993 | $38,108 | — | — |