Plan Snapshot
- Plan Sponsor: South Bay Lube, INC.
- Sponsor EIN: 593457634
- Sponsor Address: 2040 WHITFIELD PARK AVENUE, SARASOTA, FL, 34243
- Plan Type: 401(k)
- Total Participants: 139
- Total Assets: $920,527
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 | 139 | $920,527 | $193,942 | $242,037 |
| 2023 | 362 | $625,903 | $171,379 | $209,770 |
| 2022 | 101 | $302,836 | $157,422 | $191,656 |
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 |
|---|---|---|---|---|
| KERKERING, BARBERIO & CO. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KERKERING, BARBERIO & CO. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $30,742 | — | $30,742 | — | — |
| 2023 | $11,942 | — | — | — | — |
| 2022 | $7,521 | — | — | — | — |