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BAKER & BAKER 401(K) PLAN 401k Plan overview

Plan NameBAKER & BAKER 401(K) PLAN
Plan identification number 001

BAKER & BAKER 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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

BAKER & BAKER TOWING AND CRANE SERVICE has sponsored the creation of one or more 401k plans.

Company Name:BAKER & BAKER TOWING AND CRANE SERVICE
Employer identification number (EIN):931176226
NAIC Classification:488410
NAIC Description:Motor Vehicle Towing

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BAKER & BAKER 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01KEVIN BAKER2024-06-06
0012022-01-01KEVIN BAKER2023-06-02
0012021-01-01KEVIN BAKER2022-09-13
0012020-01-01KEVIN BAKER2021-09-16
0012019-01-01KEVIN BAKER2020-05-01
0012018-01-01KEVIN BAKER2019-10-10
0012017-01-01KEVIN BAKER2018-10-05
0012016-01-01KEVIN BAKER2017-09-29

Financial Data on BAKER & BAKER 401(K) PLAN

Measure Date Value
2025 : BAKER & BAKER 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-05-271805
Net assets as of the end of the plan year2025-05-27725827
Total assets as of the beginning of the plan year2025-05-27569724
Value of plan covered by a fidelity bond2025-05-2756973
Participant contributions to plan in this plan year2025-05-2775806
Other expenses paid from plan in this plan year2025-05-270
Other contributions to plan in this plan year2025-05-270
Other income to plan in this plan year2025-05-2764283
Plan net income in this plan year2025-05-27156103
Net assets as of the end of the plan year2025-05-27725827
Net assets as of the beginning of the plan year2025-05-27569724
Employer contributions to plan in this plan year2025-05-2717819
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-271805
2024 : BAKER & BAKER 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-06-062122
Net assets as of the end of the plan year2024-06-06569724
Total assets as of the beginning of the plan year2024-06-06411302
Value of plan covered by a fidelity bond2024-06-0650000
Participant contributions to plan in this plan year2024-06-0668555
Other expenses paid from plan in this plan year2024-06-060
Other contributions to plan in this plan year2024-06-060
Other income to plan in this plan year2024-06-0675014
Plan net income in this plan year2024-06-06158422
Net assets as of the end of the plan year2024-06-06569724
Net assets as of the beginning of the plan year2024-06-06411302
Employer contributions to plan in this plan year2024-06-0616975
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-060
2022 : BAKER & BAKER 401(K) PLAN 2022 401k financial data
Total liabilities as of the beginning of the plan year2022-09-130
Total expenses incurred by plan in this plan year2022-09-1330980
Net assets as of the end of the plan year2022-09-13415482
Total assets as of the beginning of the plan year2022-09-13337723
Participant contributions to plan in this plan year2022-09-1349627
Value of participant loans at end of plan year2022-09-13328
Other income to plan in this plan year2022-09-1343839
Plan net income in this plan year2022-09-1377759
Net assets as of the end of the plan year2022-09-13415482
Net assets as of the beginning of the plan year2022-09-13337723
Employer contributions to plan in this plan year2022-09-1315273

Potentially related plans

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