# Advance Convergence Group, INC. 401(k) Plan
Source: https://planprovider.pro/companies/advance-convergence-group-inc-401k-plan

> Advance Convergence Group, INC.'s 401(k) plan: 59 participants, plan year 2023 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2023.

## 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|

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