401(k) · DOL Form 5500 · 2024

Bay Electric Co., Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
7
Participants Small participant base
33rd
Percentile by assets National rank
$390,096
Avg per participant High balance/head
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Official DOL plan name: Bay Electric 401(k) Plan for Salaried Employees · Sponsored by Bay Electric Co., Inc. · Virginia · Construction

$3M in assets, 7 participants

Bay Electric Co., Inc.'s Bay Electric 401(k) Plan for Salaried Employees reported $3M in total assets and 7 participants in its 2024 DOL Form 5500 filing, ranking in the 33rd 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.

  • #2,855 in Construction (9,039 peers)

2024 asset change

Bay Electric 401(k) Plan for Salaried Employees grew at a solid clip 13.3% in 2024 ($2M → $3M) for 7 participants.

#2,855
in Construction (9,039 peers)
+13.3%
assets growth YoY

Bay Electric 401(k) Plan for Salaried Employees among the smaller filed plans by assets

Bay Electric 401(k) Plan for Salaried Employees vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$2,730,671 33rd percentile higher than 33% of 123,620 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 2024

Bay Electric 401(k) Plan for Salaried Employees among micro filed plans by headcount

Plan-year 2024 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 (7 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bay Electric 401(k) Plan for Salaried Employees reported net income rose from -$371K in the plan year 2023 filing to $320K in the plan year 2024 filing.
  • Bay Electric 401(k) Plan for Salaried Employees end-of-year assets rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Bay Electric 401(k) Plan for Salaried Employees reported participants fell from 8 in the plan year 2023 filing to 7 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 540798874 · Bay Electric Co., Inc. PY 2024 · 401(k)

Bay Electric 401(k) Plan for Salaried Employees · $3M · 7 · 33rd

  • ASSETS $3M
  • ASSETS 7
  • ASSETS 33rd
  • ASSETS 401(k)
  • ASSETS near Anthony C Vigliotti Dmd PC Fra 401(k) Profit Sharing Plan & Trust
  • ASSETS ind #2855

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 401(k) Plan for Salaried EmployeesBay Electric 401(k) Plan for…$3MAnthony C Vigliotti Dmd PC Fra 401(k) Profit Sharing Plan & TrustAnthony C Vigliotti Dmd PC F…$3MTennessee Voices for Children 403(b) PlanTennessee Voices for Childre…$3MCommunity Financial Services Bank 401(k) PlanCommunity Financial Services…$3MDoney Park Water Company Employee 401(k) PlanDoney Park Water Company Emp…$3M
End-of-year total assets ($M) among Bay Electric 401(k) Plan for Salaried Employees and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Bay Electric Co., Inc. years around the 2024 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
$4.2M$4.4M$4.6M$4.8M$5M 202220232024 $4.46M $4.84M ▲ +8.5%
Year Plans Participants Total Assets
2022 2 27 $4M
2023 2 22 $4M
2024 2 23 $5M

2024 asset-move particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$320K
Employer EIN540798874
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Virginia

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

Bay Electric 401(k) Plan for Salaried Employees vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Bay Electric 401(k) Plan for Salaried Employees, Total assets ($B): 0.002730671 · Participants: 7Bay Electric 401(k) Plan for Salaried EmployeesNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Bay Electric 401(k) Plan for Salaried Employees vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Bay Electric 401(k) Plan for Salaried Employees side-by-side with 3 peers →

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 Anthony C Vigliotti Dmd PC Fra 401(k) Profit Sharing Plan & Trust in NY ($3M); by covered participants it is Nexvisionix, Inc. 401(k) Plan in CA (7 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (7 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bay Electric 401(k) Plan for Salaried Employees assets move in 2024? ▼
Bay Electric 401(k) Plan for Salaried Employees grew at a solid clip - up 13.3% during 2024, from $2M to $3M. Reported net income was $320K.
How have Bay Electric Co., Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bay Electric Co., Inc.'s sponsor-wide assets grew 8.7%, from $4M to $5M.
Which 401(k) plans are similar in size to Bay Electric 401(k) Plan for Salaried Employees? ▼
Among 401(k) plans in other states, the closest by assets is Anthony C Vigliotti Dmd PC Fra 401(k) Profit Sharing Plan & Trust in NY ($3M, 5 participants).
Which 401(k) plans cover a similar participant headcount to Bay Electric 401(k) Plan for Salaried Employees? ▼
Among 401(k) plans in other states, the closest by covered participants is Nexvisionix, Inc. 401(k) Plan in CA (7 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 540798874.

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.