Plan Ledger DOL Form 5500 · updated monthly

Bayview Services, Inc.ESOP

BAYVIEW SERVICES GROUP EMPLOYEE STOCK OWNERSHIP PLAN · OAKLAND, CA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Bayview Services, Inc. reported $85,160 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $9,126 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 rose from 0.30% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 2,834th-largest of 9,483 plans among California employers on file, and the 1,607th of 5,337 in construction. active participation has grown from 133 to 151 since 2022.

Plan summary
Net assets, end of year$28,005,612
Participants with balances219
Active participants151
Employer contributions$1,378,098
Employee contributions—
Employer contribution per active participant$9,126
Average account balance$127,880
Benefits paid to participants$743,034
Plan auditUnmodified (clean) audit opinion
AuditorTYS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$28.0M · 219 accts · $1.4M emplr
2023$23.9M · 193 accts · $1.4M emplr
2022$21.7M · 182 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Investment management$85,160
Total administrative$85,160
Employer contributions to the Bayview Services, Inc. plan · 2024
Employer contribution per active participant$9,126
Median for plans this size$2,416
2024$9,126 per active participant
2023$10,131 per active participant
2022$9,305 per active participant

Bayview Services, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20241
JP MORGAN SECURITIES LLC$85,160

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

Administrative cost history3
2024$85,160 · 0.33%
2023$70,371 · 0.31%
2022$59,788 · 0.30%
Same employer
Similar plansConstruction · California
Dryco Construction, Inc. CA$28.3M · 0.39%
Novo Construction, Inc. CA$28.1M · 0.06%
Hmh Engineers CA$28.0M · 0.27%
Syserco, Inc. CA$27.4M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943226187 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.