Plan Ledger DOL Form 5500 · updated monthly

Bay Alarm Co.401(k)

BAY ALARM COMPANY PROFIT SHARING PLAN · CONCORD, CA · plan year 2024

Employer contribution per participant · 2024
$2,146

Bay Alarm Co.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $122,422,813 across 1,653 participant accounts, with employer contributions averaging $2,146 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 854th-largest of 9,483 plans among California employers on file, and the 140th of 2,534 in administrative & support services. In 2024, employees put in $3.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$122,422,813
Participants with balances1,653
Active participants1,178
Employer contributions$2,527,539
Employee contributions$8,100,117
Employer contribution per active participant$2,146
Average account balance$74,061
Benefits paid to participants$19,805,702
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$122.4M · 1,653 accts · $2.5M emplr
2023$113.6M · 1,500 accts · $2.5M emplr
2022$95.8M · 1,558 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Investment management$21,753
Total administrative-$42,774
The Bay Alarm Co. 401(k) match · 2024
Employer contribution per active participant$2,146
Median for plans this size$3,635
2024$2,146 per active participant
2023$2,210 per active participant
2022$1,924 per active participant

Bay Alarm Co.'s 2024 employer contribution ran below the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Service providers · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$21,753
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022$13,695 · 0.01%
Same employer
Similar plansAdministrative & Support Services · California
Qtc Management, Inc. CA$154.0M · 0.08%
Edco Disposal Corporation CA$142.0M · 0.22%
Upwork Inc. CA$121.8M · 0.12%
Ziprecruiter, Inc. CA$115.2M · 0.15%
Modern HR, Inc. CA$108.1M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680462287 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.