# Absolute Electronics, INC. 401(k) Plan
Source: https://planprovider.pro/companies/absolute-electronics-inc-plan

> Absolute Electronics, INC.'s 401(k) plan: 30 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Absolute Electronics, INC.

- **Sponsor EIN:** 391810367

- **Sponsor Address:** N85W13730 LEON ROAD, MENOMONEE FALLS, WI, 53051

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

- **Total Participants:** 30

- **Total Assets:** $1.3M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** Yes

- **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|30|$1.3M|$33,279|$107,349|

| 2023|38|$1.0M|$50,000|$0|

| 2022|36|$847,482|$50,000|$0|

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