25 is bad. 31/625 cannot be expressed in this system. to get 31/625 one must get it directly or by a product with 31/125. If we get 31/125 it must involve two parallel elements whose product must be 94 and whose denominators are 25 or less but 47 divides 94 and is a prime greater than 25 so we cannot obtain 31/125. If we get 31/625 from parallel elements we must have two elements whose product is 594 if they both have denominator 25 the maximum product is 576, if one has denominator 5 and the other denominator 125 the maximum product is 496. Both of these are less than 594 so we cannot express 31/625 this way. Since we have exhausted all possibilities 31/625 cannot be expressed in this system and 25 is bad.
2 is good. We can get any odd number in the range 1 to $2^{k+1}$ as a numerator of a fraction with denominator $2^{k+1}$ from an odd number in the range 1 to $2^{k}$ by either taking it in series with the element 1/2 for those numbers less than $2^{k}$ or in parallel for those numbers greater than $2^{k}$. If 2 is good then $2^{m}$ will be good because any fraction with its denominator a power of $2^{m}$ will have a denominator a power of 2. This can be extended if any prime $p$ is good by a similar argument $p^{k}$ is good. We have to take the union of this set with all previously constructed sets to take care of cases where the numerator is divisible by a power of 2.