Bay Electric Co. Inc.
Plan context: Bay Electric 401(K) Plan for Salaried Employees
EIN 54-0798874 • Newport News, VA • 35 filings • 6 plans
Current Snapshot
Latest Year
2024
2024 Participants
26
2024 Assets
$4,844,181
2024 Contributions
$161,437
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 2 | 26 | $4,844,181 | $161,437 | $6,209iApproximate average salary by contribution assumption: employee only about $155,228 at 4% or $103,485 at 6%; with 50% employer match about $103,485 at 4% or $68,990 at 6%; with 100% employer match about $77,614 at 4% or $51,743 at 6%. |
| Bay Electric 401(K) Plan for Salaried Employees | - | 10 | $2,730,671 | $101,540 | $10,154iApproximate average salary by contribution assumption: employee only about $253,850 at 4% or $169,233 at 6%; with 50% employer match about $169,233 at 4% or $112,822 at 6%; with 100% employer match about $126,925 at 4% or $84,617 at 6%. |
| Bay Electric 401(K) Plan for Hourly Employees | - | 26 | $2,113,510 | $59,897 | $2,304iApproximate average salary by contribution assumption: employee only about $57,593 at 4% or $38,396 at 6%; with 50% employer match about $38,396 at 4% or $25,597 at 6%; with 100% employer match about $28,797 at 4% or $19,198 at 6%. |
| 2023 | 2 | 16 | $4,386,973 | $135,668 | $8,479iApproximate average salary by contribution assumption: employee only about $211,981 at 4% or $141,321 at 6%; with 50% employer match about $141,321 at 4% or $94,214 at 6%; with 100% employer match about $105,991 at 4% or $70,660 at 6%. |
| Bay Electric 401(K) Plan for Salaried Employees | - | 7 | $2,410,540 | $79,488 | $11,355iApproximate average salary by contribution assumption: employee only about $283,886 at 4% or $189,257 at 6%; with 50% employer match about $189,257 at 4% or $126,171 at 6%; with 100% employer match about $141,943 at 4% or $94,629 at 6%. |
| Bay Electric 401(K) Plan for Hourly Employees | - | 16 | $1,976,433 | $56,180 | $3,511iApproximate average salary by contribution assumption: employee only about $87,781 at 4% or $58,521 at 6%; with 50% employer match about $58,521 at 4% or $39,014 at 6%; with 100% employer match about $43,891 at 4% or $29,260 at 6%. |
| 2022 | 2 | 14 | $4,457,948 | $184,941 | $13,210iApproximate average salary by contribution assumption: employee only about $330,252 at 4% or $220,168 at 6%; with 50% employer match about $220,168 at 4% or $146,779 at 6%; with 100% employer match about $165,126 at 4% or $110,084 at 6%. |
| Bay Electric 401(K) Plan for Salaried Employees | - | 8 | $2,781,751 | $89,200 | $11,150iApproximate average salary by contribution assumption: employee only about $278,750 at 4% or $185,833 at 6%; with 50% employer match about $185,833 at 4% or $123,889 at 6%; with 100% employer match about $139,375 at 4% or $92,917 at 6%. |
| Bay Electric 401(K) Plan for Hourly Employees | - | 14 | $1,676,197 | $95,741 | $6,839iApproximate average salary by contribution assumption: employee only about $170,966 at 4% or $113,977 at 6%; with 50% employer match about $113,977 at 4% or $75,985 at 6%; with 100% employer match about $85,483 at 4% or $56,989 at 6%. |
| 2021 | 2 | 17 | $5,985,535 | $226,979 | $13,352iApproximate average salary by contribution assumption: employee only about $333,793 at 4% or $222,528 at 6%; with 50% employer match about $222,528 at 4% or $148,352 at 6%; with 100% employer match about $166,896 at 4% or $111,264 at 6%. |
| Bay Electric 401(K) Plan for Salaried Employees | - | 10 | $3,557,455 | $78,734 | $7,873iApproximate average salary by contribution assumption: employee only about $196,835 at 4% or $131,223 at 6%; with 50% employer match about $131,223 at 4% or $87,482 at 6%; with 100% employer match about $98,418 at 4% or $65,612 at 6%. |
| Bay Electric 401(K) Plan for Hourly Employees | - | 17 | $2,428,080 | $148,245 | $8,720iApproximate average salary by contribution assumption: employee only about $218,007 at 4% or $145,338 at 6%; with 50% employer match about $145,338 at 4% or $96,892 at 6%; with 100% employer match about $109,004 at 4% or $72,669 at 6%. |
| 2020 | 2 | 23 | $5,311,654 | $324,714 | $14,118iApproximate average salary by contribution assumption: employee only about $352,950 at 4% or $235,300 at 6%; with 50% employer match about $235,300 at 4% or $156,867 at 6%; with 100% employer match about $176,475 at 4% or $117,650 at 6%. |
| Bay Electric 401(K) Plan for Salaried Employees | - | 10 | $3,114,982 | $96,173 | $9,617iApproximate average salary by contribution assumption: employee only about $240,432 at 4% or $160,288 at 6%; with 50% employer match about $160,288 at 4% or $106,859 at 6%; with 100% employer match about $120,216 at 4% or $80,144 at 6%. |
| Bay Electric 401(K) Plan for Hourly Employees | - | 23 | $2,196,672 | $228,541 | $9,937iApproximate average salary by contribution assumption: employee only about $248,414 at 4% or $165,609 at 6%; with 50% employer match about $165,609 at 4% or $110,406 at 6%; with 100% employer match about $124,207 at 4% or $82,805 at 6%. |
| 2019 | 2 | 45 | $4,691,178 | $820,554 | $18,235iApproximate average salary by contribution assumption: employee only about $455,863 at 4% or $303,909 at 6%; with 50% employer match about $303,909 at 4% or $202,606 at 6%; with 100% employer match about $227,932 at 4% or $151,954 at 6%. |
| Bay Electric 401(K) Plan for Salaried Employees | - | 16 | $2,469,442 | $169,885 | $10,618iApproximate average salary by contribution assumption: employee only about $265,445 at 4% or $176,964 at 6%; with 50% employer match about $176,964 at 4% or $117,976 at 6%; with 100% employer match about $132,723 at 4% or $88,482 at 6%. |
| Bay Electric 401(K) Plan for Hourly Employees | - | 45 | $2,221,736 | $650,669 | $14,459iApproximate average salary by contribution assumption: employee only about $361,483 at 4% or $240,989 at 6%; with 50% employer match about $240,989 at 4% or $160,659 at 6%; with 100% employer match about $180,741 at 4% or $120,494 at 6%. |
| 2018 | 2 | 55 | $3,908,080 | $722,895 | $13,144iApproximate average salary by contribution assumption: employee only about $328,589 at 4% or $219,059 at 6%; with 50% employer match about $219,059 at 4% or $146,039 at 6%; with 100% employer match about $164,294 at 4% or $109,530 at 6%. |
| Bay Electric 401(K) Plan for Salaried Employees | - | 17 | $2,042,348 | $176,205 | $10,365iApproximate average salary by contribution assumption: employee only about $259,125 at 4% or $172,750 at 6%; with 50% employer match about $172,750 at 4% or $115,167 at 6%; with 100% employer match about $129,563 at 4% or $86,375 at 6%. |
| Bay Electric 401(K) Plan for Hourly Employees | - | 55 | $1,865,732 | $546,690 | $9,940iApproximate average salary by contribution assumption: employee only about $248,495 at 4% or $165,664 at 6%; with 50% employer match about $165,664 at 4% or $110,442 at 6%; with 100% employer match about $124,248 at 4% or $82,832 at 6%. |
| 2017 | 2 | 44 | $3,640,388 | $367,376 | $8,349iApproximate average salary by contribution assumption: employee only about $208,736 at 4% or $139,158 at 6%; with 50% employer match about $139,158 at 4% or $92,772 at 6%; with 100% employer match about $104,368 at 4% or $69,579 at 6%. |
| Bay Electric 401(K) Plan for Salaried Employees | - | 16 | $2,000,942 | $121,921 | $7,620iApproximate average salary by contribution assumption: employee only about $190,502 at 4% or $127,001 at 6%; with 50% employer match about $127,001 at 4% or $84,667 at 6%; with 100% employer match about $95,251 at 4% or $63,501 at 6%. |
| Bay Electric 401(K) Plan for Hourly Employees | - | 44 | $1,639,446 | $245,455 | $5,579iApproximate average salary by contribution assumption: employee only about $139,463 at 4% or $92,975 at 6%; with 50% employer match about $92,975 at 4% or $61,984 at 6%; with 100% employer match about $69,732 at 4% or $46,488 at 6%. |
| 2016 | 2 | 23 | $3,191,585 | $333,547 | $14,502iApproximate average salary by contribution assumption: employee only about $362,551 at 4% or $241,701 at 6%; with 50% employer match about $241,701 at 4% or $161,134 at 6%; with 100% employer match about $181,276 at 4% or $120,850 at 6%. |
| Bay Electric 401(K) Plan for Salaried Employees | - | 13 | $1,810,618 | $158,671 | $12,205iApproximate average salary by contribution assumption: employee only about $305,137 at 4% or $203,424 at 6%; with 50% employer match about $203,424 at 4% or $135,616 at 6%; with 100% employer match about $152,568 at 4% or $101,712 at 6%. |
| Bay Electric 401(K) Plan for Hourly Employees | - | 23 | $1,380,967 | $174,876 | $7,603iApproximate average salary by contribution assumption: employee only about $190,083 at 4% or $126,722 at 6%; with 50% employer match about $126,722 at 4% or $84,481 at 6%; with 100% employer match about $95,041 at 4% or $63,361 at 6%. |
| 2015 | 2 | 34 | $3,544,611 | $375,521 | $11,045iApproximate average salary by contribution assumption: employee only about $276,118 at 4% or $184,079 at 6%; with 50% employer match about $184,079 at 4% or $122,719 at 6%; with 100% employer match about $138,059 at 4% or $92,039 at 6%. |
| Bay Electric 401(K) Plan for Salaried Employees | - | 29 | $2,087,899 | $224,758 | $7,750iApproximate average salary by contribution assumption: employee only about $193,757 at 4% or $129,171 at 6%; with 50% employer match about $129,171 at 4% or $86,114 at 6%; with 100% employer match about $96,878 at 4% or $64,586 at 6%. |
| Bay Electric 401(K) Plan for Hourly Employees | - | 34 | $1,456,712 | $150,763 | $4,434iApproximate average salary by contribution assumption: employee only about $110,855 at 4% or $73,903 at 6%; with 50% employer match about $73,903 at 4% or $49,269 at 6%; with 100% employer match about $55,428 at 4% or $36,952 at 6%. |
| 2014 | 2 | 50 | $3,744,187 | $426,128 | $8,523iApproximate average salary by contribution assumption: employee only about $213,064 at 4% or $142,043 at 6%; with 50% employer match about $142,043 at 4% or $94,695 at 6%; with 100% employer match about $106,532 at 4% or $71,021 at 6%. |
| Bay Electric 401(K) Plan for Salaried Employees | - | 24 | $1,962,310 | $187,956 | $7,832iApproximate average salary by contribution assumption: employee only about $195,788 at 4% or $130,525 at 6%; with 50% employer match about $130,525 at 4% or $87,017 at 6%; with 100% employer match about $97,894 at 4% or $65,263 at 6%. |
| Bay Electric 401(K) Plan for Hourly Employees | - | 50 | $1,781,877 | $238,172 | $4,763iApproximate average salary by contribution assumption: employee only about $119,086 at 4% or $79,391 at 6%; with 50% employer match about $79,391 at 4% or $52,927 at 6%; with 100% employer match about $59,543 at 4% or $39,695 at 6%. |
| 2013 | 2 | 47 | $4,254,342 | $592,964 | $12,616iApproximate average salary by contribution assumption: employee only about $315,406 at 4% or $210,271 at 6%; with 50% employer match about $210,271 at 4% or $140,181 at 6%; with 100% employer match about $157,703 at 4% or $105,135 at 6%. |
| Bay Electric 401(K) Plan for Hourly Employees | - | 47 | $2,127,189 | $392,380 | $8,349iApproximate average salary by contribution assumption: employee only about $208,713 at 4% or $139,142 at 6%; with 50% employer match about $139,142 at 4% or $92,761 at 6%; with 100% employer match about $104,356 at 4% or $69,571 at 6%. |
| Bay Electric 401(K) Plan for Salaried Employees | - | 23 | $2,127,153 | $200,584 | $8,721iApproximate average salary by contribution assumption: employee only about $218,026 at 4% or $145,351 at 6%; with 50% employer match about $145,351 at 4% or $96,900 at 6%; with 100% employer match about $109,013 at 4% or $72,675 at 6%. |
| 2012 | 2 | 93 | $3,960,331 | $1,189,608 | $12,791iApproximate average salary by contribution assumption: employee only about $319,787 at 4% or $213,191 at 6%; with 50% employer match about $213,191 at 4% or $142,128 at 6%; with 100% employer match about $159,894 at 4% or $106,596 at 6%. |
| Bay Electric 401(K) Plan for Hourly Employees | - | 93 | $2,329,755 | $910,491 | $9,790iApproximate average salary by contribution assumption: employee only about $244,756 at 4% or $163,170 at 6%; with 50% employer match about $163,170 at 4% or $108,780 at 6%; with 100% employer match about $122,378 at 4% or $81,585 at 6%. |
| Bay Electric 401(K) Plan for Salaried Employees | - | 26 | $1,630,576 | $279,117 | $10,735iApproximate average salary by contribution assumption: employee only about $268,382 at 4% or $178,921 at 6%; with 50% employer match about $178,921 at 4% or $119,281 at 6%; with 100% employer match about $134,191 at 4% or $89,461 at 6%. |
| 2011 | 3 | 161 | $4,017,233 | $1,229,292 | $7,635iApproximate average salary by contribution assumption: employee only about $190,884 at 4% or $127,256 at 6%; with 50% employer match about $127,256 at 4% or $84,837 at 6%; with 100% employer match about $95,442 at 4% or $63,628 at 6%. |
| Bay Electric 401(K) Plan for Hourly Employees | - | 126 | $2,267,332 | $879,652 | $6,981iApproximate average salary by contribution assumption: employee only about $174,534 at 4% or $116,356 at 6%; with 50% employer match about $116,356 at 4% or $77,571 at 6%; with 100% employer match about $87,267 at 4% or $58,178 at 6%. |
| Bay Electric 401(K) Plan for Salaried Employees | - | 49 | $1,749,901 | $349,640 | $7,136iApproximate average salary by contribution assumption: employee only about $178,388 at 4% or $118,925 at 6%; with 50% employer match about $118,925 at 4% or $79,283 at 6%; with 100% employer match about $89,194 at 4% or $59,463 at 6%. |
| BAY ELECTRIC CO, INC | - | 161 | - | - | - |
| 2010 | 3 | 160 | $3,710,034 | $1,094,152 | $6,838iApproximate average salary by contribution assumption: employee only about $170,961 at 4% or $113,974 at 6%; with 50% employer match about $113,974 at 4% or $75,983 at 6%; with 100% employer match about $85,481 at 4% or $56,987 at 6%. |
| Bay Electric 401(K) Plan for Salaried Employees | - | 64 | $1,999,428 | $560,903 | $8,764iApproximate average salary by contribution assumption: employee only about $219,103 at 4% or $146,068 at 6%; with 50% employer match about $146,068 at 4% or $97,379 at 6%; with 100% employer match about $109,551 at 4% or $73,034 at 6%. |
| Bay Electric 401(K) Plan for Hourly Employees | - | 121 | $1,710,606 | $533,249 | $4,407iApproximate average salary by contribution assumption: employee only about $110,175 at 4% or $73,450 at 6%; with 50% employer match about $73,450 at 4% or $48,967 at 6%; with 100% employer match about $55,088 at 4% or $36,725 at 6%. |
| BAY ELECTRIC CO INC | - | 160 | - | - | - |
| 2009 | 2 | 98 | $2,427,802 | $893,948 | $9,122iApproximate average salary by contribution assumption: employee only about $228,048 at 4% or $152,032 at 6%; with 50% employer match about $152,032 at 4% or $101,355 at 6%; with 100% employer match about $114,024 at 4% or $76,016 at 6%. |
| Bay Electric 401(K) Plan for Salaried Employees | - | 69 | $1,337,436 | $415,171 | $6,017iApproximate average salary by contribution assumption: employee only about $150,424 at 4% or $100,283 at 6%; with 50% employer match about $100,283 at 4% or $66,855 at 6%; with 100% employer match about $75,212 at 4% or $50,141 at 6%. |
| Bay Electric 401(K) Plan for Hourly Employees | - | 98 | $1,090,366 | $478,777 | $4,885iApproximate average salary by contribution assumption: employee only about $122,137 at 4% or $81,425 at 6%; with 50% employer match about $81,425 at 4% or $54,283 at 6%; with 100% employer match about $61,068 at 4% or $40,712 at 6%. |
| 2008 | 1 | 81 | $486,741 | $652,684 | $8,058iApproximate average salary by contribution assumption: employee only about $201,446 at 4% or $134,297 at 6%; with 50% employer match about $134,297 at 4% or $89,531 at 6%; with 100% employer match about $100,723 at 4% or $67,149 at 6%. |
| Bay Electric 401(K) Plan for Hourly Employees | - | 81 | $486,741 | $652,684 | $8,058iApproximate average salary by contribution assumption: employee only about $201,446 at 4% or $134,297 at 6%; with 50% employer match about $134,297 at 4% or $89,531 at 6%; with 100% employer match about $100,723 at 4% or $67,149 at 6%. |