Plan Snapshot
- Plan Sponsor: Bay Mechanical, INC.
- Sponsor EIN: 541153238
- Sponsor Address: 2696 RELIANCE DRIVE, VIRGINIA BEACH, VA, 23452
- Plan Type: 401(k)
- Total Participants: 33
- Total Assets: $3.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 33 | $3.2M | $50,840 | $70,289 |
| 2023 | 33 | $3.2M | $50,840 | $70,289 |
| 2022 | 42 | $3.7M | $68,141 | $71,604 |