Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

Bailey & Glasser 401(k) Profit Sharing Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Bailey & Glasser PLLC · West Virginia · Professional & Technical Services

What the 2023 filing shows

Bailey & Glasser 401(k) Profit Sharing Plan holds $38M for 169 participants — about $224,819 per participant, up 20.7% over the 2024 plan year.

$38M
total plan assets (2024 EOY)
169
covered participants
$224,819
avg assets per participant
+20.7%
assets growth YoY
Total Assets (2023)
$38M
Participants
169
Industry
Professional & Technical Services

What the Filing Says About Bailey & Glasser 401(k) Profit Sharing Plan

Bailey & Glasser 401(k) Profit Sharing Plan is a Profit Sharing retirement plan sponsored by Bailey & Glasser PLLC, headquartered in West Virginia. As of the 2024 Form 5500 filing, the plan reports $38M in total end-of-year assets and covers 169 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 550765078, and the plan has been effective since 1999-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $31M at the beginning of 2024 to $38M at year-end — a gain of 20.7%. Net assets (after liabilities) closed the year at $38M, with reported net income of $7M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$31M
Total Assets (End of Year)$38M
Net Assets (End of Year)$38M
Net Income$7M
Plan TypeProfit Sharing
Employer EIN550765078
Plan Effective Date1999-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bailey & Glasser PLLC)

Year Plans Participants Total Assets
2022 1 137 $26M
2023 1 169 $31M
2024 1 169 $38M

Nearby Profit Sharing Plans in West Virginia

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Bailey & Glasser 401(k) Profit Sharing Plan?
As of the 2024 Form 5500 filing, Bailey & Glasser 401(k) Profit Sharing Plan holds $38M in total assets with 169 participants. It is sponsored by Bailey & Glasser PLLC.
What type of plan is Bailey & Glasser 401(k) Profit Sharing Plan?
Bailey & Glasser 401(k) Profit Sharing Plan is a Profit Sharing plan. It has been effective since 1999-06-01. The plan is filed with the U.S. Department of Labor under EIN 550765078.
Who sponsors the Bailey & Glasser 401(k) Profit Sharing Plan?
Bailey & Glasser 401(k) Profit Sharing Plan is sponsored by Bailey & Glasser PLLC, located in West Virginia. The sponsor's EIN is 550765078 and the plan operates in the Professional & Technical Services industry.
How did Bailey & Glasser 401(k) Profit Sharing Plan perform in 2024?
Bailey & Glasser 401(k) Profit Sharing Plan grew by 20.7% during 2024, moving from $31M to $38M in total assets. Net income was $7M.
Where can I find official filings for Bailey & Glasser 401(k) Profit Sharing Plan?
Official Form 5500 filings for Bailey & Glasser 401(k) Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 550765078 or plan name at efast.dol.gov.
How does Bailey & Glasser 401(k) Profit Sharing Plan compare to other plans?
You can compare Bailey & Glasser 401(k) Profit Sharing Plan against other Profit Sharing plans on the plan type page, or view plans in West Virginia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 550765078.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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