Retirement plan

BAYMED, INC. RETIREMENT PLAN

Name: BAYMED, INC. - BAYMED, INC. RETIREMENT PLAN (2024) Form 5500
Creator: BAYMED, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BAYMED, INC. RETIREMENT PLAN, BAYMED, INC.

BAYMED, INC.EIN 46-5448542Plan #001PY 2024

1102 WOODBOROUGH PLACE - SAN JOSE, CA 95116408-729-1808

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$369K

+49.3% from 2023

Total participants

+25.0% from 2023

Average account balance

$52,749

+28.0% from 2023

Annual return

14.01%

-7.29 pp from 2023

Benchmarks

See 109,298 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,298 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$369K

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$53K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

70.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$87K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.01%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$105

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$737

$74 / participant

Other / not subdivided$737100.0%

% of EOY assets

0.200%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$52,749

$183,516-71.3%

$155,534-66.1%

$145,884-63.8%

Participation rate

70.0%

82.7%-12.7pp

78.2%-8.2pp

80.3%-10.3pp

Annual return

14.01%

61.43%-47.4pp

64.92%-50.9pp

551.85%-537.8pp

Employer contribution / active EE

$1,837

$5,315-65.4%

$4,675-60.7%

$4,662-60.6%

Participant deferral / active EE

$6,886

$6,467+6.5%

$5,630+22.3%

$6,690+2.9%

Admin fee / account holder

$105

$19,293-99.5%

$15,900-99.3%

$13,392-99.2%

BAYMED, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BAYMED, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion