401(k) · DOL Form 5500 · 2022
Bay Electric Co., Inc. 401(k) Plan
Data updated 2026-08-25
- $3M
- Total assets Small plan by assets
- 10
- Participants Small participant base
- 39th
- Percentile by assets National rank
- $278,175
- Avg per participant High balance/head
Official DOL plan name: Bay Electric 401(k) Plan for Salaried Employees · Sponsored by Bay Electric Co., Inc. · Virginia · Construction
$3M in assets, 10 participants
Bay Electric Co., Inc.'s Bay Electric 401(k) Plan for Salaried Employees reported $3M in total assets and 10 participants in its 2022 DOL Form 5500 filing, ranking in the 39th 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.
- #3,694 in Construction (9,927 peers)
2022 asset change
Bay Electric 401(k) Plan for Salaried Employees declined sharply 21.8% in 2022 ($4M → $3M) for 10 participants.
- #3,694
- in Construction (9,927 peers)
- -21.8%
- assets change YoY
The plan reported a net loss of $776K 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 Salaried Employees's mid-pack asset rank among Construction and all filers
Bay Electric 401(k) Plan for Salaried Employees vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$2,781,751 39th percentile higher than 39% 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 Salaried Employees among micro 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 Salaried Employees is a micro filing (10 participants), the leftmost band.
Plan-year Form 5500 strip
Filing strip 540798874 · Bay Electric Co., Inc. PY 2022 · 401(k)
Bay Electric 401(k) Plan for Salaried Employees · $3M · 10 · 39th
- IND $3M
- EOY 10
- 5500 39th
- ASSETS 401(k)
- PCT near It's My Party, Inc. 401(k) Plan
- EIN ind #3694
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 Salaried 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) | $4M |
|---|---|
| Net Assets (End of Year) | $3M |
| Net Income | -$776K |
| 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 Salaried Employees's out-of-state 401(k) peers by assets and headcount
Outside Virginia, the nearest 401(k) by assets is It's My Party, Inc. 401(k) Plan in DC ($3M); by covered participants it is Nicholas E. Nahernak Dds, PC 401(k) Profit Sharing Pl 816828 in MI (10 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($3M here).
Similar participant headcount
Nearest other-state filings by covered participants (10 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.