# Bay Composites INC 401(k) Plan
Source: https://planprovider.pro/companies/bay-composites-inc-401k-plan

> Bay Composites INC's 401(k) plan: 20 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Bay Composites INC

- **Sponsor EIN:** 382950444

- **Sponsor Address:** 1801 JARMAN, ESSEXVILLE, MI, 48732

- **Plan Type:** 401(k)

- **Total Participants:** 20

- **Total Assets:** $4.8M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|20|$4.8M|$185,826|$123,596|

| 2023|19|$3.9M|$59,914|$176,853|

| 2022|13|$3.2M|$143,951|$105,353|

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