Plan Ledger DOL Form 5500 · updated monthly

By the Bay Health403(b)

BY THE BAY HEALTH 403(B) PLAN · LARKSPUR, CA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

By the Bay Health reported $14,727 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,028 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 0.03% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,429th-largest of 9,483 plans among California employers on file, and the 2,514th of 11,911 in health care & social assistance. In 2024, employees put in $3.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,233,793
Participants with balances590
Active participants381
Employer contributions$772,682
Employee contributions$2,864,482
Employer contribution per active participant$2,028
Average account balance$58,023
Benefits paid to participants$4,213,842
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.2M · 590 accts · $773K emplr
2023$31.0M · 569 accts · $580K emplr
2022$25.9M · 721 accts · $751K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,727
Total administrative$14,727
Employer contributions to the By the Bay Health plan · 2024
Employer contribution per active participant$2,028
Median for plans this size$2,416
2024$2,028 per active participant
2023$1,500 per active participant
2022$1,878 per active participant

By the Bay Health's 2024 employer contribution ran below the $2,416 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.

Service providers · 20241
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$14,727

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$14,727 · 0.05%
2023$24,948 · 0.09%
2022$9,293 · 0.03%
Same employer
Similar plansHealth Care & Social Assistance · California
Wu Yee Children's Services CA$33.8M · 0.22%
MD Imaging Inc. CA$33.1M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942890791 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.