Civic Intelligence

Bay Electric Inc.

Plan context: Bay Electric Inc. 401(K) Profit Sharing Plan

EIN 38-3187491 • Dollar Bay, MI • 24 filings • 5 plans

48643 Banfield Av M26 AveDollar Bay, MI 49922
Current Snapshot

Latest Year

2024

2024 Participants

40

2024 Assets

$3,417,251

2024 Contributions

$268,828

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$3,417,251$1,708,626$0200420142024YearValue
$3,417,251Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

40200200420142024YearValue
40Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024140$3,417,251$268,828$6,721iApproximate average salary by contribution assumption: employee only about $168,018 at 4% or $112,012 at 6%; with 50% employer match about $112,012 at 4% or $74,674 at 6%; with 100% employer match about $84,009 at 4% or $56,006 at 6%.
Bay Electric Inc. 401(K) Profit Sharing Plan-40$3,417,251$268,828$6,721iApproximate average salary by contribution assumption: employee only about $168,018 at 4% or $112,012 at 6%; with 50% employer match about $112,012 at 4% or $74,674 at 6%; with 100% employer match about $84,009 at 4% or $56,006 at 6%.
2023133$3,024,279$247,165$7,490iApproximate average salary by contribution assumption: employee only about $187,246 at 4% or $124,831 at 6%; with 50% employer match about $124,831 at 4% or $83,221 at 6%; with 100% employer match about $93,623 at 4% or $62,415 at 6%.
Bay Electric Inc. 401(K) Profit Sharing Plan-33$3,024,279$247,165$7,490iApproximate average salary by contribution assumption: employee only about $187,246 at 4% or $124,831 at 6%; with 50% employer match about $124,831 at 4% or $83,221 at 6%; with 100% employer match about $93,623 at 4% or $62,415 at 6%.
2022130$2,534,257$128,843$4,295iApproximate average salary by contribution assumption: employee only about $107,369 at 4% or $71,579 at 6%; with 50% employer match about $71,579 at 4% or $47,720 at 6%; with 100% employer match about $53,685 at 4% or $35,790 at 6%.
Bay Electric Inc. 401(K) Profit Sharing Plan-30$2,534,257$128,843$4,295iApproximate average salary by contribution assumption: employee only about $107,369 at 4% or $71,579 at 6%; with 50% employer match about $71,579 at 4% or $47,720 at 6%; with 100% employer match about $53,685 at 4% or $35,790 at 6%.
2021128$2,621,853$174,409$6,229iApproximate average salary by contribution assumption: employee only about $155,722 at 4% or $103,815 at 6%; with 50% employer match about $103,815 at 4% or $69,210 at 6%; with 100% employer match about $77,861 at 4% or $51,907 at 6%.
Bay Electric Inc. 401(K) Profit Sharing Plan-28$2,621,853$174,409$6,229iApproximate average salary by contribution assumption: employee only about $155,722 at 4% or $103,815 at 6%; with 50% employer match about $103,815 at 4% or $69,210 at 6%; with 100% employer match about $77,861 at 4% or $51,907 at 6%.
2020124$2,388,098$87,677$3,653iApproximate average salary by contribution assumption: employee only about $91,330 at 4% or $60,887 at 6%; with 50% employer match about $60,887 at 4% or $40,591 at 6%; with 100% employer match about $45,665 at 4% or $30,443 at 6%.
Bay Electric Inc. 401(K) Profit Sharing Plan-24$2,388,098$87,677$3,653iApproximate average salary by contribution assumption: employee only about $91,330 at 4% or $60,887 at 6%; with 50% employer match about $60,887 at 4% or $40,591 at 6%; with 100% employer match about $45,665 at 4% or $30,443 at 6%.
2019123$1,532,060$61,138$2,658iApproximate average salary by contribution assumption: employee only about $66,454 at 4% or $44,303 at 6%; with 50% employer match about $44,303 at 4% or $29,535 at 6%; with 100% employer match about $33,227 at 4% or $22,151 at 6%.
Bay Electric Inc. 401(K) Profit Sharing Plan-23$1,532,060$61,138$2,658iApproximate average salary by contribution assumption: employee only about $66,454 at 4% or $44,303 at 6%; with 50% employer match about $44,303 at 4% or $29,535 at 6%; with 100% employer match about $33,227 at 4% or $22,151 at 6%.
2018123$1,607,726$113,104$4,918iApproximate average salary by contribution assumption: employee only about $122,939 at 4% or $81,959 at 6%; with 50% employer match about $81,959 at 4% or $54,640 at 6%; with 100% employer match about $61,470 at 4% or $40,980 at 6%.
Bay Electric Inc. 401(K) Profit Sharing Plan-23$1,607,726$113,104$4,918iApproximate average salary by contribution assumption: employee only about $122,939 at 4% or $81,959 at 6%; with 50% employer match about $81,959 at 4% or $54,640 at 6%; with 100% employer match about $61,470 at 4% or $40,980 at 6%.
2017119$1,447,264$64,332$3,386iApproximate average salary by contribution assumption: employee only about $84,647 at 4% or $56,432 at 6%; with 50% employer match about $56,432 at 4% or $37,621 at 6%; with 100% employer match about $42,324 at 4% or $28,216 at 6%.
Bay Electric Inc. 401(K) Profit Sharing Plan-19$1,447,264$64,332$3,386iApproximate average salary by contribution assumption: employee only about $84,647 at 4% or $56,432 at 6%; with 50% employer match about $56,432 at 4% or $37,621 at 6%; with 100% employer match about $42,324 at 4% or $28,216 at 6%.
2016120$1,214,775$126,781$6,339iApproximate average salary by contribution assumption: employee only about $158,476 at 4% or $105,651 at 6%; with 50% employer match about $105,651 at 4% or $70,434 at 6%; with 100% employer match about $79,238 at 4% or $52,825 at 6%.
Bay Electric Inc. 401(K) Profit Sharing Plan-20$1,214,775$126,781$6,339iApproximate average salary by contribution assumption: employee only about $158,476 at 4% or $105,651 at 6%; with 50% employer match about $105,651 at 4% or $70,434 at 6%; with 100% employer match about $79,238 at 4% or $52,825 at 6%.
2015120$956,382$59,859$2,993iApproximate average salary by contribution assumption: employee only about $74,824 at 4% or $49,883 at 6%; with 50% employer match about $49,883 at 4% or $33,255 at 6%; with 100% employer match about $37,412 at 4% or $24,941 at 6%.
Bay Electric Inc. 401(K) Profit Sharing Plan-20$956,382$59,859$2,993iApproximate average salary by contribution assumption: employee only about $74,824 at 4% or $49,883 at 6%; with 50% employer match about $49,883 at 4% or $33,255 at 6%; with 100% employer match about $37,412 at 4% or $24,941 at 6%.
2014122$996,341$93,255$4,239iApproximate average salary by contribution assumption: employee only about $105,972 at 4% or $70,648 at 6%; with 50% employer match about $70,648 at 4% or $47,098 at 6%; with 100% employer match about $52,986 at 4% or $35,324 at 6%.
Bay Electric Inc. 401(K) Profit Sharing Plan-22$996,341$93,255$4,239iApproximate average salary by contribution assumption: employee only about $105,972 at 4% or $70,648 at 6%; with 50% employer match about $70,648 at 4% or $47,098 at 6%; with 100% employer match about $52,986 at 4% or $35,324 at 6%.
2013119$866,439$68,776$3,620iApproximate average salary by contribution assumption: employee only about $90,495 at 4% or $60,330 at 6%; with 50% employer match about $60,330 at 4% or $40,220 at 6%; with 100% employer match about $45,247 at 4% or $30,165 at 6%.
Bay Electric Inc. 401(K) Profit Sharing Plan-19$866,439$68,776$3,620iApproximate average salary by contribution assumption: employee only about $90,495 at 4% or $60,330 at 6%; with 50% employer match about $60,330 at 4% or $40,220 at 6%; with 100% employer match about $45,247 at 4% or $30,165 at 6%.
2012118$676,105$59,898$3,328iApproximate average salary by contribution assumption: employee only about $83,192 at 4% or $55,461 at 6%; with 50% employer match about $55,461 at 4% or $36,974 at 6%; with 100% employer match about $41,596 at 4% or $27,731 at 6%.
Bay Electric Inc. 401(K) Profit Sharing Plan-18$676,105$59,898$3,328iApproximate average salary by contribution assumption: employee only about $83,192 at 4% or $55,461 at 6%; with 50% employer match about $55,461 at 4% or $36,974 at 6%; with 100% employer match about $41,596 at 4% or $27,731 at 6%.
2011123$644,297$168,884$7,343iApproximate average salary by contribution assumption: employee only about $183,570 at 4% or $122,380 at 6%; with 50% employer match about $122,380 at 4% or $81,586 at 6%; with 100% employer match about $91,785 at 4% or $61,190 at 6%.
Bay Electric Inc. 401(K) Profit Sharing Plan-23$644,297$168,884$7,343iApproximate average salary by contribution assumption: employee only about $183,570 at 4% or $122,380 at 6%; with 50% employer match about $122,380 at 4% or $81,586 at 6%; with 100% employer match about $91,785 at 4% or $61,190 at 6%.
2010127$515,397$181,830$6,734iApproximate average salary by contribution assumption: employee only about $168,361 at 4% or $112,241 at 6%; with 50% employer match about $112,241 at 4% or $74,827 at 6%; with 100% employer match about $84,181 at 4% or $56,120 at 6%.
Bay Electric Inc. 401(K) Profit Sharing Plan-27$515,397$181,830$6,734iApproximate average salary by contribution assumption: employee only about $168,361 at 4% or $112,241 at 6%; with 50% employer match about $112,241 at 4% or $74,827 at 6%; with 100% employer match about $84,181 at 4% or $56,120 at 6%.
2009119$299,720$98,965$5,209iApproximate average salary by contribution assumption: employee only about $130,217 at 4% or $86,811 at 6%; with 50% employer match about $86,811 at 4% or $57,874 at 6%; with 100% employer match about $65,109 at 4% or $43,406 at 6%.
Bay Electric Inc. 401(K) Profit Sharing Plan-19$299,720$98,965$5,209iApproximate average salary by contribution assumption: employee only about $130,217 at 4% or $86,811 at 6%; with 50% employer match about $86,811 at 4% or $57,874 at 6%; with 100% employer match about $65,109 at 4% or $43,406 at 6%.
2008122$153,955$46,667$2,121iApproximate average salary by contribution assumption: employee only about $53,031 at 4% or $35,354 at 6%; with 50% employer match about $35,354 at 4% or $23,569 at 6%; with 100% employer match about $26,515 at 4% or $17,677 at 6%.
Bay Electric Inc. 401(K) Profit Sharing Plan-22$153,955$46,667$2,121iApproximate average salary by contribution assumption: employee only about $53,031 at 4% or $35,354 at 6%; with 50% employer match about $35,354 at 4% or $23,569 at 6%; with 100% employer match about $26,515 at 4% or $17,677 at 6%.
2007120$173,250$95,018$4,751iApproximate average salary by contribution assumption: employee only about $118,772 at 4% or $79,182 at 6%; with 50% employer match about $79,182 at 4% or $52,788 at 6%; with 100% employer match about $59,386 at 4% or $39,591 at 6%.
Bay Electric Inc. 401(K) Profit Sharing Plan-20$173,250$95,018$4,751iApproximate average salary by contribution assumption: employee only about $118,772 at 4% or $79,182 at 6%; with 50% employer match about $79,182 at 4% or $52,788 at 6%; with 100% employer match about $59,386 at 4% or $39,591 at 6%.
2006221$85,444$52,289$2,490iApproximate average salary by contribution assumption: employee only about $62,249 at 4% or $41,499 at 6%; with 50% employer match about $41,499 at 4% or $27,666 at 6%; with 100% employer match about $31,124 at 4% or $20,750 at 6%.
Bay Electric Inc. 401(K) Profit Sharing Plan-21$85,444$49,628$2,363iApproximate average salary by contribution assumption: employee only about $59,081 at 4% or $39,387 at 6%; with 50% employer match about $39,387 at 4% or $26,258 at 6%; with 100% employer match about $29,540 at 4% or $19,694 at 6%.
BAY ELECTRIC INC DAVIS-BACON PENSION PLAN AND TRUST-0-$2,661-
2005218$48,125$38,389$2,133iApproximate average salary by contribution assumption: employee only about $53,318 at 4% or $35,545 at 6%; with 50% employer match about $35,545 at 4% or $23,697 at 6%; with 100% employer match about $26,659 at 4% or $17,773 at 6%.
BAY ELECTRIC INC DAVIS-BACON PENSION PLAN AND TRUST-18$48,125$38,389$2,133iApproximate average salary by contribution assumption: employee only about $53,318 at 4% or $35,545 at 6%; with 50% employer match about $35,545 at 4% or $23,697 at 6%; with 100% employer match about $26,659 at 4% or $17,773 at 6%.
Bay Electric Inc. 401(K) Profit Sharing Plan-15---
2004111$14,329$13,832$1,257iApproximate average salary by contribution assumption: employee only about $31,436 at 4% or $20,958 at 6%; with 50% employer match about $20,958 at 4% or $13,972 at 6%; with 100% employer match about $15,718 at 4% or $10,479 at 6%.
BAY ELECTRIC INC DAVIS-BACON PENSION PLAN AND TRUST-11$14,329$13,832$1,257iApproximate average salary by contribution assumption: employee only about $31,436 at 4% or $20,958 at 6%; with 50% employer match about $20,958 at 4% or $13,972 at 6%; with 100% employer match about $15,718 at 4% or $10,479 at 6%.
200010$0$8,220-
BAY ELECTRIC INC 401K PROFIT SHARING PLAN AND TRUST-0-$8,220-