BAI, INC. 401(K) RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of BAI, INC. 401(K) RETIREMENT PLAN is $22,795,753.This plan was established in 1999.

At the end of 2022, the total number of retirement plan participants in BAI, INC. 401(K) RETIREMENT PLAN is 205

In 2022, the average participant retirement account value for BAI, INC. 401(K) RETIREMENT PLAN is $111,198

In 2022, the estimated average employee contribution amount per participant for BAI, INC. 401(K) RETIREMENT PLAN is $2,651

In 2022, the estimated average employer match for an employee in BAI, INC. 401(K) RETIREMENT PLAN is approximately $1,752

In 2022, BAI, INC. 401(K) RETIREMENT PLAN allocates $359,360 to match its employees’ contributions, providing an employer match rate of 66.43% of their contributions

In 2022, the total retirement plan asset growth rate of BAI, INC. 401(K) RETIREMENT PLAN is -19.98%

In 2022, the estimated aggregate retirement account investment gain/loss for BAI, INC. 401(K) RETIREMENT PLAN is -18.67%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of BAI, INC. 401(K) RETIREMENT PLAN is 0.03%.

Enrollment Features

BAI, INC. 401(K) RETIREMENT PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.