Plan Ledger DOL Form 5500 · updated monthly

Bayshire, LLC401(k)

BAYSHIRE 401(K) PLAN · ESCONDIDO, CA · plan year 2024

Reported admin expense ratio · 2024
1.22%

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

Bayshire, LLC reported $33,655 in plan administrative expenses for 2024: 1.22% of average plan assets, higher than ~90% of peers. Employer contributions averaged $111 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 2 years on file its reported administrative ratio fell from 1.36% to 1.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (7,491st of 9,483), and 8,725th of 11,911 in health care & social assistance. In 2024, employees put in $4.13 for every $1.00 the employer contributed; active participation has grown from 630 to 2,156 since 2022.

Plan summary
Net assets, end of year$3,747,339
Participants with balances404
Active participants2,156
Employer contributions$239,735
Employee contributions$989,456
Employer contribution per active participant$111
Average account balance$9,276
Benefits paid to participants$113,935
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 404 accts · $240K emplr
2023$1.8M · 292 accts · $130K emplr
2022$717K · 247 accts
The Bayshire, LLC 401(k) match · 2024
Employer contribution per active participant$111
Median for plans this size$1,313
2024$111 per active participant
2023$103 per active participant

Bayshire, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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.

Service providers · 20244
JOHN HANCOCK LIFE INS CO · Recordkeeping · Investment management$936
EDWARD D. JONES & CO LP · Investment advisory (participants)$10,327
TRITON WEALTH MANAGEMENT · Investment advisory (participants)$2,925
WILSHIRE ASSOCIATES INC · Investment advisory (participants)$530

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$33,655 · 1.22%
2023$19,749 · 1.58%
2022$6,898 · 1.36%
Same employer
Similar plansHealth Care & Social Assistance · California
Harbor Community Clinic CA$3.8M · 0.05%
Buckelew Programs, Inc. CA$3.7M · 0.22%
Palm Consulting CA$3.7M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814023838 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.