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SOUTH BAY TEAM 401(K) PLAN 401k Plan overview

Plan NameSOUTH BAY TEAM 401(K) PLAN
Plan identification number 001

SOUTH BAY TEAM 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Plan covering Self-Employed individuals.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SOUTH BAY TEAM, LLC has sponsored the creation of one or more 401k plans.

Company Name:SOUTH BAY TEAM, LLC
Employer identification number (EIN):823960642
NAIC Classification:531310

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUTH BAY TEAM 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01LESLEY GARLOCK2024-07-03
0012022-01-01LESLEY GARLOCK2023-04-27 STUART CLARK2023-04-27
0012021-01-01LESLEY GARLOCK2022-09-28
0012020-01-01LESLEY GARLOCK2022-09-28
0012018-01-01LESLEY GARLOCK2022-09-28

Plan Statistics for SOUTH BAY TEAM 401(K) PLAN

401k plan membership statisitcs for SOUTH BAY TEAM 401(K) PLAN

Measure Date Value
2025: SOUTH BAY TEAM 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-03-217
Total number of particpants at end of year2025-03-214
Number of Participants With Account Balances2025-03-214
2024: SOUTH BAY TEAM 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-07-037
Total number of particpants at end of year2024-07-037
Number of Participants With Account Balances2024-07-037
2022: SOUTH BAY TEAM 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-09-285
Total number of particpants at end of year2022-09-287
Number of Participants With Account Balances2022-09-287

Financial Data on SOUTH BAY TEAM 401(K) PLAN

Measure Date Value
2025 : SOUTH BAY TEAM 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-03-2144231
Net assets as of the end of the plan year2025-03-21914858
Total assets as of the beginning of the plan year2025-03-21801193
Value of plan covered by a fidelity bond2025-03-21100000
Participant contributions to plan in this plan year2025-03-2131800
Other income to plan in this plan year2025-03-2192101
Plan net income in this plan year2025-03-21113665
Net assets as of the end of the plan year2025-03-21914858
Net assets as of the beginning of the plan year2025-03-21801193
Employer contributions to plan in this plan year2025-03-2133995
Expensese paid to adminstrative service provicers from plan in this plan year2025-03-216939
2024 : SOUTH BAY TEAM 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-035546
Net assets as of the end of the plan year2024-07-03801193
Total assets as of the beginning of the plan year2024-07-03643781
Value of plan covered by a fidelity bond2024-07-03100000
Participant contributions to plan in this plan year2024-07-0334370
Other contributions to plan in this plan year2024-07-030
Other income to plan in this plan year2024-07-0392701
Plan net income in this plan year2024-07-03157412
Net assets as of the end of the plan year2024-07-03801193
Net assets as of the beginning of the plan year2024-07-03643781
Employer contributions to plan in this plan year2024-07-0335887
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-035546
2022 : SOUTH BAY TEAM 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-09-28937
Net assets as of the end of the plan year2022-09-28583990
Total assets as of the beginning of the plan year2022-09-28343081
Value of plan covered by a fidelity bond2022-09-28100000
Participant contributions to plan in this plan year2022-09-2851370
Other expenses paid from plan in this plan year2022-09-281282
Other income to plan in this plan year2022-09-2843485
Plan net income in this plan year2022-09-28240909
Net assets as of the end of the plan year2022-09-28583990
Net assets as of the beginning of the plan year2022-09-28343081
Employer contributions to plan in this plan year2022-09-28146991
Expensese paid to adminstrative service provicers from plan in this plan year2022-09-28937

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