Plan Snapshot
- Plan Sponsor: Northbay Healthcare Corporation
- Sponsor EIN: 680046750
- Sponsor Address: 4500 BUSINESS CENTER DRIVE, FAIRFIELD, CA, 945346888
- Plan Type: 403(b)
- Total Participants: 2,769
- Total Assets: $500.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 2,769 | $500.8M | $11.0M | $25.0M |
| 2023 | 2,645 | $454.5M | $10.3M | $22.5M |
| 2022 | 2,504 | $404.3M | $10.1M | $21.4M |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | $759,866 | — | $759,866 |
| MORNINGSTAR | ADVISORY | $337,027 | — | $337,027 |
| SAGEVIEW ADVISORY GROUP, LLC | ADVISORY | $213,803 | — | $213,803 |
| FABER HASS HURLEY LLP | AUDITOR | $18,805 | — | $18,805 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — SERVICE PROVIDER
- MORNINGSTAR — ADVISORY
- SAGEVIEW ADVISORY GROUP, LLC — ADVISORY
- FABER HASS HURLEY LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,329,501
- Estimated Expense Ratio: 0.265% 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 | $1,329,501 | $550,830 | $759,866 | $18,805 | — |
| 2023 | $1,189,141 | — | $1,156,100 | $29,286 | — |
| 2022 | $715,978 | $25,108 | $690,870 | — | — |