Bay Mechanical, Inc.
56
Plan:
Bay Mechanical, Inc. 401K Plan
4
58
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (56) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $135,800 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
Bay Mechanical, Inc. 401K Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. This plan is in the top 35% of plans for Investment Menu Quality. Bay Mechanical, Inc. 401K Plan currently has over 100 active participants and over $3.6M in plan assets.
Retirement Plan Details
| Address |
2696 Reliance Dr
Virginia Beach, VA 23452-7832 |
| Industry | Plumbing, Heating, and Air-Conditioning Contractors |
| Administrator | Deborah Helton, Plan Admin |
| Sponsor | Deborah Helton, Exec. V.P. |
| Net Plan Assets | $3,640,000 |
| Total Participants | 150 |
| Avg Account Balance | $25,000 |
Compare Other Companies in Peer Group
| T. McGee Electric | 58.4 |
| Trustees of The Upper Peninsula... | 48.0 |
| Humphrey & Associates | 47.7 |
| Mock Plumbing & Mechanical | 43.6 |
| Joint Board of Trustees of... | 30.5 |
| Trustees of Local No 41 Ibew Unit... | 18.8 |
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