2023 Form 5500 filing — Bay Banks Of Virginia, Inc. Employee Stock Ownership Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20251023122556NAL0006566802001) for Bay Banks Of Virginia, Inc. Employee Stock Ownership Plan, reported by Bay Banks Of Virginia, Inc. under EIN 54-1838100 and plan number 002. It reports 167 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$0Reported net assets
Participants167
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20251023122556NAL0006566802001
Plan sponsor
Bay Banks Of Virginia, Inc.
EIN
54-1838100
Plan number
002
Location
Richmond, VA
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Money in vs. money out
Total income / additions-$1.1M
Total expenses$2.9M
Benefits paid / distributions$2.9M
Full reported line items
Total assets (EOY)
$0
Total liabilities (EOY)
$0
Net assets (EOY)
$0
Total income / additions
-$1,132,737
Benefits paid
$2,902,441
Administrative expenses
$0
Total expenses
$2,902,441
Net increase / (decrease)
-$4,035,178

Related Form 5500 pages