401(k) · DOL Form 5500 · 2022
Bay Electric Co., Inc. 401(k) Plan
Data updated 2026-08-25
- $2M
- Total assets Small plan by assets
- 17
- Participants Small participant base
- 31st
- Percentile by assets National rank
- $98,600
- Avg per participant Below avg balance/head
Official DOL plan name: Bay Electric 401(k) Plan for Hourly Employees · Sponsored by Bay Electric Co., Inc. · Virginia · Construction
$2M in assets, 17 participants
Bay Electric Co., Inc.'s Bay Electric 401(k) Plan for Hourly Employees reported $2M in total assets and 17 participants in its 2022 DOL Form 5500 filing, ranking in the 31st percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #2,849 in Construction (9,927 peers)
2022 asset change
Bay Electric 401(k) Plan for Hourly Employees contracted severely 31.0% in 2022 ($2M → $2M) for 17 participants.
- #2,849
- in Construction (9,927 peers)
- -31.0%
- assets change YoY
The plan reported a net loss of $752K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Bay Electric 401(k) Plan for Hourly Employees among the smaller filed plans by assets
Bay Electric 401(k) Plan for Hourly Employees vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$1,676,197 31st percentile higher than 31% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Bay Electric 401(k) Plan for Hourly Employees among smaller filed plans by headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bay Electric 401(k) Plan for Hourly Employees is a small filing (17 participants) on this national headcount ladder.
Plan-year Form 5500 strip
Filing strip 540798874 · Bay Electric Co., Inc. PY 2022 · 401(k)
Bay Electric 401(k) Plan for Hourly Employees · $2M · 17 · 31st
- PART $2M
- PART 17
- PART 31st
- PART 401(k)
- PART near Ooshirts, Inc. 401(k) Plan
- PART ind #2849
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in Virginia →
Bay Electric 401(k) Plan for Hourly Employees in the asset neighbourhood
Bay Electric Co., Inc. years around the 2022 move
Sponsor-wide plan assets over time
All Bay Electric Co., Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $5M 8.66391891516007% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 27 | $4M |
| 2023 | 2 | 22 | $4M |
| 2024 | 2 | 23 | $5M |
2022 asset-move particulars
| Total Assets (Beginning of Year) | $2M |
|---|---|
| Net Assets (End of Year) | $2M |
| Net Income | -$752K |
| Employer EIN | 540798874 |
| Plan Effective Date | 2008-01-01 |
| Filing Status | FILING RECEIVED |
Nearby 401(k) Plans in Virginia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Northrop Grumman Savings Plan $32.6B · 92,420
- 401(k) Pension Plan $13.0B · 61,481
- General Dynamics Corporation 401(k) Plan 6.0 $9.6B · 36,822
- Leidos, Inc. Retirement Plan $8.7B · 26,125
- Bae Systems Employees' Savings and Investment Plan $8.2B · 31,556
Bay Electric 401(k) Plan for Hourly Employees's out-of-state 401(k) peers by assets and headcount
Outside Virginia, the nearest 401(k) by assets is Ooshirts, Inc. 401(k) Plan in IN ($2M); by covered participants it is Seed Enhancements, LLC 401(k) Plan in ID (17 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2M here).
Similar participant headcount
Nearest other-state filings by covered participants (17 participants); asset peers above are excluded.
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.