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

> Bay Mechanical, INC.'s 401(k) plan: 33 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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