Bay Area Pools and Spas, LLC DBA Pool Troopers 401(k) Review & Grade
Bay Area Pools and Spas, LLC DBA Pool Troopers 401(k) Profit Sharing Plan
Tampa, FLAdministrative, Support & Staffing Services556 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$720Employer $ per active participant
$1,256Employee $ saved per active participant
0.59%Direct admin cost, % of plan assets
$7.1MNet plan assets, end of year
$24,456Average balance per account
Score breakdown
- Employer generosity25.4 / 5051th percentile for employer $ per participant
- Low cost4.5 / 2518th percentile for low admin cost vs. same-size plans
- Employee saving5.9 / 1539th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score39 / 100 · Grade D
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 500–2,499 active participants (401 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 51th |
| Lower admin cost | 18th |
| Employee saving | 39th |
| Peers that auto-enroll | 27% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Bay Area Pools and Spas, LLC DBA Pool Troopers put in about $720 per active participant, more than the typical peer ($712). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.59% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $400,598 |
| Participant (employee) contributions | $698,700 |
| Other contributions (incl. rollovers in) | $28,271 |
| Administrative expenses paid from the plan | $36,637 |
| Contract administrator fees | $3,150 |
| Investment advisory & management fees | $17,341 |
| Benefits paid out | $238,273 |
| Net assets, start / end of year | $5.4M / $7.1M |
| Active participants, start / end of year | 517 / 596 |
| Participants with account balances | 289 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Warren Averett, LLC |
Largest service providers (Schedule C)
| Empower Annuity Ins Co | $19,665 reported compensation |
| Raymond James & Assoc | $15,173 reported compensation |
| Florida Retirement Consultants | $3,150 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015131327NAL0004642897001, received 2025-10-15, EIN 59-0937267, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.