# Baybank Corporation 401(k) Plan
Source: https://planprovider.pro/companies/baybank-corporation-401k-plan

> Baybank Corporation'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:** Baybank Corporation

- **Sponsor EIN:** 380580060

- **Sponsor Address:** 104 SOUTH 10TH STREET, GLADSTONE, MI, 49837

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

- **Total Participants:** 33

- **Total Assets:** $1.4M

## 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|33|$1.4M|$57,859|$103,808|

| 2023|33|$1.9M|$85,130|$115,506|

| 2022|32|$1.7M|$82,102|$108,160|

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