Plan5500

Bay Electric Co., Inc. — Form 5500 filings & benefit plans

Form 5500 plan sponsor summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Bay Electric Co., Inc. (EIN 54-0798874) is a plan sponsor located in Newport News, VA with 2 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.

Company overview (based on loaded 2023 public filings)

EIN
54-0798874
Location
Newport News, VA
Loaded plans
2
Latest filing year
2023

This is a company / sponsor profile — aggregate totals across all of this employer's loaded plans. Open an individual plan below for its own full financial statement.

What stands out for Bay Electric Co., Inc.

  • 2 loaded plans hold $4.4M in reported assets.
  • The largest, Bay Electric 401(K) Plan For Salaried Employees, holds 55% of this company's reported plan assets.
  • Plans cover 66 reported participants.
  • 2 of 2 plans report full financial statements.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$4.4MSummed across loaded plans$4,386,973
Total reported assets$4.4M$4,386,973
Total reported participants66
Total reported liabilities$0

Reported net position

Reported assets = net assets + liabilities (summed)$4.4M total assets
Net assets$4.4MLiabilities$0
Contributions & income
Employer contributions$57.3K
Participant contributions$78.3K
Total income / additions$782.4K
Expenses & distributions
Benefits paid / distributions$853.2K
Total expenses$853.4K
Net increase / (decrease)-$71K

Data coverage

Plans with financial statements2 / 2 (100%)
Plans with provider compensation0 / 2 ()

Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Portfolio comparison

Largest plan share of assets55%Bay Electric 401(K) Plan For Salaried Employees
Participants per plan33Average across loaded plans
Loaded plans2
Ranked by reported assets

Largest loaded plans

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    Bay Electric 401(K) Plan For Salaried Employees$2.4M
    Plan #001 · 17 participants · 2023
  2. 2
    Bay Electric 401(K) Plan For Hourly Employees$2M
    Plan #002 · 49 participants · 2023

All loaded plans by assets → · By participants → · With financial statements → · With provider compensation →

EFAST2 filings

Latest loaded filings

Most recent loaded Form 5500 filings for Bay Electric Co., Inc.. Open one for its full reported snapshot.

  1. 2023
    Bay Electric 401(K) Plan For Hourly Employees49 participants · 2Sch I
    View filing →
  2. 2023
    Bay Electric 401(K) Plan For Salaried Employees17 participants · 2Sch I
    View filing →

What to inspect next

Frequently asked questions

How many benefit plans does Bay Electric Co., Inc. report on Form 5500?
Bay Electric Co., Inc. (EIN 54-0798874) reports 2 benefit plan(s) in the loaded Form 5500 dataset.
What is the EIN for Bay Electric Co., Inc.?
The Employer Identification Number (EIN) reported for Bay Electric Co., Inc. is 54-0798874.
What is the latest Form 5500 filing year for Bay Electric Co., Inc.?
The latest loaded Form 5500 filing year for Bay Electric Co., Inc. is 2023.

Related Form 5500 pages