Baker Electric & Renewables 401(k) match, vesting and fees
What Baker Electric & Renewables' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Baker Tilly US, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 3,874 defined-contribution plans in construction with 100 to 499 participants.
| Baker Electric & Renewables: employer contribution per participant | $1,244 | |
| Peer median | $2,411 |
| Baker Electric & Renewables: average balance | $56,423 | |
| Peer median | $61,921 |
| Baker Electric & Renewables: admin expenses ÷ assets | 0.69% | |
| Peer median | 0.39% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $18.3M at the end of plan year 2021 to $20.3M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 366 | $20.3M | $446K | $1,244 | 0.69% | Not published | Form 5500 ↗ |
| 2023 | 342 | $15.7M | $370K | $1,243 | 0.68% | Not published | Form 5500 ↗ |
| 2022 | 340 | $12.1M | $333K | $1,164 | 0.57% | Not published | Form 5500 ↗ |
| 2021 | 485 | $18.3M | $252K | $616 | <0.01% | Not published | Form 5500 ↗ |
Other Baker Electric & Renewables plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Baker Procal Employee Stock Ownership Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Baker Tilly US, LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Common questions
Does Baker Electric & Renewables match 401(k) contributions?
The match terms for the Baker Electric 401(k) Retirement Savings Plan V have not been published from its filing yet. The plan year 2024 filing reports $446K in employer contributions, about $1,244 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Baker Electric & Renewables 401(k) match vested?
The vesting schedule for the Baker Electric 401(k) Retirement Savings Plan V is not in the data published so far. Your Summary Plan Description states it.
Who manages the Baker Electric & Renewables 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Baker Electric & Renewables LLC.
I left Baker Electric & Renewables. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Baker Electric & Renewables LLC, (760) 745-2001) or the recordkeeper, Principal Life Insurance Company. The Baker Electric & Renewables old 401(k) page lists the contacts from every plan filing. Find an old Baker Electric & Renewables 401(k)
Data from the public Form 5500 annual reports Baker Electric & Renewables filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Baker Electric & Renewables. Not financial advice. Report a correction · Methodology