# Bay Motors Acq Corporation 401(k) Plan
Source: https://planprovider.pro/companies/bay-motors-acq-corporation-471249902-001

> Bay Motors Acq Corporation&#39;s 401(k) plan: 38 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Bay Motors Acq Corporation

- **Sponsor EIN:** 471249902

- **Sponsor Address:** 3100 CASS ROAD, TRAVERSE CITY, MI, 49684

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

- **Plan Number:** 001

- **Total Participants:** 38

- **Total Assets:** $2.2M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **Participant-Directed Investments:** No

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

## Plan Financials by Year

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

| 2024|38|$2.2M|$36,992|$86,443|

| 2023|38|$1.9M|$34,737|$60,157|

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