Plan Snapshot
- Plan Sponsor: Advance Convergence Group, INC.
- Sponsor EIN: 461553904
- Sponsor Address: 1490 NORTH CLINTON AVENUE, BAY SHORE, NY, 11706
- Plan Type: 401(k)
- Total Participants: 59
- Total Assets: $6.1M
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. |
|---|
| 2023 | 59 | $6.1M | $265,600 | $671,046 |
| 2022 | 78 | $4.6M | $218,783 | $547,827 |