Plan Snapshot
- Plan Sponsor: Achates Power, INC.
- Sponsor EIN: 260660133
- Sponsor Address: 4060 SORRENTO VALLEY BLVD, SAN DIEGO, CA, 92121
- Plan Type: 401(k)
- Total Participants: 30
- Total Assets: $10.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | $10.3M | $120,681 | $399,346 |
| 2023 | 33 | $10.6M | $132,233 | $424,525 |
| 2022 | 34 | $8.3M | $123,319 | $399,601 |