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THE BAY AREA CORPORATION 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameTHE BAY AREA CORPORATION 401(K) PROFIT SHARING PLAN
Plan identification number 001

THE BAY AREA CORPORATION 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

THE BAY AREA CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:THE BAY AREA CORPORATION
Employer identification number (EIN):521006512
NAIC Classification:811190

Additional information about THE BAY AREA CORPORATION

Jurisdiction of Incorporation: Maryland Secretary of State
Incorporation Date:
Company Identification Number: D00541045

More information about THE BAY AREA CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE BAY AREA CORPORATION 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01BRANDON TRACEY2024-05-07
0012022-01-01BRANDON TRACEY2023-05-25
0012021-01-01BRANDON TRACEY2022-09-25
0012020-01-01BRANDON TRACEY2021-07-07
0012019-01-01BRANDON TRACEY2020-04-22
0012018-01-01BRANDON TRACEY2019-05-07
0012017-01-01CRAIG ARCH2018-03-27
0012016-01-01CRAIG ARCH2017-05-23
0012015-01-01CRAIG ARCH2016-07-26
0012014-01-01CRAIG ARCH2015-06-15
0012013-01-01CRAIG ARCH2014-05-21
0012012-01-01CRAIG ARCH2013-06-04
0012011-01-01CRAIG ARCH2012-05-24
0012010-01-01CRAIG ARCH2011-06-30

Plan Statistics for THE BAY AREA CORPORATION 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for THE BAY AREA CORPORATION 401(K) PROFIT SHARING PLAN

Measure Date Value
2025: THE BAY AREA CORPORATION 401(K) PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-05-2961
Total number of particpants at end of year2025-05-2957
Number of Participants With Account Balances2025-05-2929
2024: THE BAY AREA CORPORATION 401(K) PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-05-0758
Total number of particpants at end of year2024-05-0758
Number of Participants With Account Balances2024-05-0733
2022: THE BAY AREA CORPORATION 401(K) PROFIT SHARING PLAN 2022 401k membership
Total number of particpants at beginning of year2022-09-2552
Total number of particpants at end of year2022-09-2552
Number of Participants With Account Balances2022-09-2531

Financial Data on THE BAY AREA CORPORATION 401(K) PROFIT SHARING PLAN

Measure Date Value
2025 : THE BAY AREA CORPORATION 401(K) PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-05-29516901
Net assets as of the end of the plan year2025-05-292626437
Total assets as of the beginning of the plan year2025-05-292792160
Value of plan covered by a fidelity bond2025-05-29300000
Participant contributions to plan in this plan year2025-05-2976241
Value of participant loans at end of plan year2025-05-2911214
Other income to plan in this plan year2025-05-29254718
Plan net income in this plan year2025-05-29-165723
Net assets as of the end of the plan year2025-05-292626437
Net assets as of the beginning of the plan year2025-05-292792160
Employer contributions to plan in this plan year2025-05-2920219
Fees paid to broker by Benefit Provider2025-05-29236
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-2918538
2024 : THE BAY AREA CORPORATION 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-05-07242104
Net assets as of the end of the plan year2024-05-072792160
Total assets as of the beginning of the plan year2024-05-072572109
Value of plan covered by a fidelity bond2024-05-07300000
Participant contributions to plan in this plan year2024-05-0792228
Value of participant loans at end of plan year2024-05-0774366
Other income to plan in this plan year2024-05-07342619
Plan net income in this plan year2024-05-07220051
Net assets as of the end of the plan year2024-05-072792160
Net assets as of the beginning of the plan year2024-05-072572109
Employer contributions to plan in this plan year2024-05-0727308
Fees paid to broker by Benefit Provider2024-05-0711453
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-0717910
2022 : THE BAY AREA CORPORATION 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-09-2561169
Net assets as of the end of the plan year2022-09-252946449
Total assets as of the beginning of the plan year2022-09-252594313
Value of plan covered by a fidelity bond2022-09-25300000
Participant contributions to plan in this plan year2022-09-25101296
Value of participant loans at end of plan year2022-09-2569011
Other income to plan in this plan year2022-09-25286508
Plan net income in this plan year2022-09-25352136
Net assets as of the end of the plan year2022-09-252946449
Net assets as of the beginning of the plan year2022-09-252594313
Employer contributions to plan in this plan year2022-09-2525501
Fees paid to broker by Benefit Provider2022-09-25241
Expensese paid to adminstrative service provicers from plan in this plan year2022-09-2518806

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