Plan Ledger DOL Form 5500 · updated monthly

Bay Area Pl Services401(k)

BAYPLS 401(K) PLAN · SAN BRUNO, CA · plan year 2024

Reported admin expense ratio · 2024
0.67%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Bay Area Pl Services reported $3,097 in plan administrative expenses for 2024: 0.67% of average plan assets, below the peer median. Employer contributions averaged $1,008 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.26% to 0.67%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (9,094th of 9,483), and 11,384th of 11,911 in health care & social assistance. In 2024, employees put in $3.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$474,648
Participants with balances114
Active participants40
Employer contributions$40,311
Employee contributions$122,158
Employer contribution per active participant$1,008
Average account balance$4,164
Benefits paid to participants$191,221
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$475K · 114 accts · $40K emplr
2023$449K · 199 accts · $73K emplr
Administrative expenses, itemized · 2024
Investment management$3,097
Total administrative$3,097
The Bay Area Pl Services 401(k) match · 2024
Employer contribution per active participant$1,008
Median for plans this size$540
2024$1,008 per active participant
2023$925 per active participant

Bay Area Pl Services's 2024 employer contribution ran above the $540 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2024$3,097 · 0.67%
2023$1,177 · 0.26%
Similar plansHealth Care & Social Assistance · California
Beecan Health LLC CA$515K · 1.55%
Atlas Lift Tech, Inc. CA$468K · 0.87%
The Testing Company LLC CA$461K · 1.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820667208 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.