# Able Electric Service, INC. 401(k) Plan
Source: https://planprovider.pro/companies/able-electric-service-inc-401k-plan

> Able Electric Service, INC.&#39;s 401(k) plan: 127 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Able Electric Service, INC.

- **Sponsor EIN:** 752283745

- **Sponsor Address:** 2626 ELECTRONIC LANE, DALLAS, TX, 75220

- **Plan Type:** 401(k)

- **Total Participants:** 127

- **Total Assets:** $5.5M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|127|$5.5M|$91,575|$240,117|

| 2023|34|$4.7M|$81,408|$212,872|

| 2022|28|$4.0M|$65,555|$162,298|

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