Plan Snapshot
- Plan Sponsor: Star Auto Sales Of Bayside INC.
- Sponsor EIN: 113279324
- Sponsor Address: 205-11 NORTHERN BLVD, BAYSIDE, NY, 11361
- Plan Type: 401(k)
- Total Participants: 56
- Total Assets: $4.9M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 56 | $4.9M | $0 | $264,338 |
| 2023 | 58 | $4.2M | $0 | $272,789 |
| 2022 | 44 | $3.2M | $0 | $349,134 |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $18,626 | — | $18,626 |
| SATTY LEVINE AND CIACCO CPAS PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,626
- Estimated Expense Ratio: 0.378% 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 | $23,329 | $2,351 | — | — | — |
| 2023 | $46,531 | — | — | — | — |
| 2022 | $39,619 | — | — | — | — |