401(k) · DOL Form 5500 · 2023

Bay Mechanical, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
42
Participants Small participant base
37th
Percentile by assets National rank
$76,107
Avg per participant Below avg balance/head
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Official DOL plan name: Bay Mechanical, Inc. 401(k) Plan · Sponsored by Bay Mechanical, Inc. · Virginia · Construction

$3M in assets, 42 participants

Bay Mechanical, Inc.'s Bay Mechanical, Inc. 401(k) Plan reported $3M in total assets and 42 participants in its 2023 DOL Form 5500 filing, ranking in the 37th 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.

  • #3,139 in Construction (9,030 peers)

Bay Mechanical, Inc. multi-year trail

Bay Mechanical, Inc.'s plans moved -20.0% in assets from 2022 to 2024; this filing shows Bay Mechanical, Inc. 401(k) Plan at $3M / 42 participants.

#3,139
in Construction (9,030 peers)
-12.5%
assets change YoY

The plan reported a net loss of $455K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bay Mechanical, Inc. 401(k) Plan's mid-pack asset rank among Construction and all filers

Bay Mechanical, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$3,196,504 37th percentile higher than 37% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Bay Mechanical, Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bay Mechanical, Inc. 401(k) Plan is a small filing (42 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bay Mechanical, Inc. 401(k) Plan reported net income fell from $209K in the plan year 2022 filing to -$455K in the plan year 2023 filing.
  • Bay Mechanical, Inc. 401(k) Plan end-of-year assets fell from $4M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Bay Mechanical, Inc. 401(k) Plan reported participants fell from 46 in the plan year 2022 filing to 42 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 541153238 · Bay Mechanical, Inc. PY 2023 · 401(k)

Bay Mechanical, Inc. 401(k) Plan · $3M · 42 · 37th

  • PART $3M
  • TYPE 42
  • NET 37th
  • BOOK 401(k)
  • VS-ST near Davis Davis and Associates Retirement Plan
  • BOY ind #3139

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 Mechanical, Inc. 401(k) Plan in the asset neighbourhood

Bay Mechanical, Inc. 401(k) PlanBay Mechanical, Inc. 401(k) …$3MDavis Davis and Associates Retirement PlanDavis Davis and Associates R…$3MNoetic Strategies, Inc. 401(k) Profit Sharing PlanNoetic Strategies, Inc. 401(…$3MGregory J. Wiener, M.D., P.C. Ct 401(k) Profit Sharing PlanGregory J. Wiener, M.D., P.C…$3MP a Dabir Dds & Z E S Cuisia D 401(k) Profit Sharing Plan & TrustP a Dabir Dds & Z E S Cuisia…$3M
End-of-year total assets ($M) among Bay Mechanical, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Bay Mechanical, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Bay Mechanical, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 20.01067941624668% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M 202220232024 $3.65M $2.92M ▼ -20.0%
Year Plans Participants Total Assets
2022 1 46 $4M
2023 1 42 $3M
2024 1 33 $3M

Bay Mechanical, Inc. filing trail (2023)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$3M
Net Income-$455K
Employer EIN541153238
Plan Effective Date1982-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Bay Mechanical, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Bay Mechanical, Inc. 401(k) Plan, Total assets ($B): 0.003196504 · Participants: 42Bay Mechanical, Inc. 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Bay Mechanical, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Bay Mechanical, Inc. 401(k) Plan side-by-side with 3 peers →

Bay Mechanical, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Davis Davis and Associates Retirement Plan in PA ($3M); by covered participants it is Rodriguez Hidalgo Retirement Plan in PR (42 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (42 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bay Mechanical, Inc. 401(k) Plan assets move in 2023? ▼
Bay Mechanical, Inc. 401(k) Plan pulled back noticeably - down 12.5% during 2023, from $4M to $3M. Reported net income was -$455K.
How have Bay Mechanical, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bay Mechanical, Inc.'s sponsor-wide assets declined 20.0%, from $4M to $3M.
Which 401(k) plans are similar in size to Bay Mechanical, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Davis Davis and Associates Retirement Plan in PA ($3M, 7 participants).
Which 401(k) plans cover a similar participant headcount to Bay Mechanical, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Rodriguez Hidalgo Retirement Plan in PR (42 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 541153238.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.