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THE BAYERN COMPANY INC. 401K PLAN 401k Plan overview

Plan NameTHE BAYERN COMPANY INC. 401K PLAN
Plan identification number 001

THE BAYERN COMPANY INC. 401K 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.
  • 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 BAYERN COMPANY, INC. has sponsored the creation of one or more 401k plans.

Company Name:THE BAYERN COMPANY, INC.
Employer identification number (EIN):860621100
NAIC Classification:541519
NAIC Description:Other Computer Related Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE BAYERN COMPANY INC. 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01
0012023-01-01SLOAN BAYER2024-05-10
0012022-01-01SLOAN BAYER2023-03-26
0012021-01-01SLOAN BAYER2022-04-11
0012020-01-01SLOAN BAYER2021-04-14
0012019-01-01SLOAN BAYER2020-07-06
0012018-01-01SLOAN BAYER2019-07-11
0012017-01-01SLOAN BAYER2018-10-04
0012016-01-01
0012015-01-01BARBARA BAYER2016-03-03
0012014-01-01BARBARA BAYER2015-03-19
0012013-01-01BARBARA BAYER2014-07-22
0012012-01-01BARBARA BAYER2013-02-12
0012011-01-01BARBARA BAYER2012-02-15
0012010-01-01BARBARA BAYER2011-04-15

Financial Data on THE BAYERN COMPANY INC. 401K PLAN

Measure Date Value
2024 : THE BAYERN COMPANY INC. 401K PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-05-20524478
Net assets as of the end of the plan year2024-05-200
Total assets as of the beginning of the plan year2024-05-20499079
Value of plan covered by a fidelity bond2024-05-2060000
Value of participant loans at end of plan year2024-05-200
Other income to plan in this plan year2024-05-2025399
Plan net income in this plan year2024-05-20-499079
Net assets as of the end of the plan year2024-05-200
Net assets as of the beginning of the plan year2024-05-20499079
Value of contributions failed to transmitted timely2024-05-201313
Fees paid to broker by Benefit Provider2024-05-201560
Total expenses incurred by plan in this plan year2024-05-10130000
Net assets as of the end of the plan year2024-05-10499079
Total assets as of the beginning of the plan year2024-05-10541897
Value of plan covered by a fidelity bond2024-05-1060000
Participant contributions to plan in this plan year2024-05-1021194
Value of participant loans at end of plan year2024-05-1019209
Other income to plan in this plan year2024-05-1058516
Plan net income in this plan year2024-05-10-42818
Net assets as of the end of the plan year2024-05-10499079
Net assets as of the beginning of the plan year2024-05-10541897
Value of contributions failed to transmitted timely2024-05-1013243
Employer contributions to plan in this plan year2024-05-107472
Fees paid to broker by Benefit Provider2024-05-102439
2022 : THE BAYERN COMPANY INC. 401K PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-04-1176508
Net assets as of the end of the plan year2022-04-11601391
Total assets as of the beginning of the plan year2022-04-11605372
Value of plan covered by a fidelity bond2022-04-1160000
Participant contributions to plan in this plan year2022-04-116779
Value of participant loans at end of plan year2022-04-1137670
Other income to plan in this plan year2022-04-1165748
Plan net income in this plan year2022-04-11-3981
Net assets as of the end of the plan year2022-04-11601391
Net assets as of the beginning of the plan year2022-04-11605372
Fees paid to broker by Benefit Provider2022-04-112984

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