Plain-English plan 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 City Electric Works 401(K) Plan is a benefit plan reported by Bay City Equipment Industries, Inc. under EIN 01-0903942 and plan number 001. The latest loaded filing year is 2023. The filing reports 187 participants and $8,642,869 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,642,869
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,642,869
- Net assets (BOY)
- $6,410,794
Income & contributions
- Employer contributions
- $505,982
- Participant contributions
- $914,890
- Total contributions
- $1,464,183
- Total income / additions
- $2,633,675
Expenses & distributions
- Benefits paid
- $384,288
- Administrative expenses
- $7,875
- Total expenses
- $401,600
- Net increase / (decrease)
- $2,232,075