# Advanced Composites, INC. 401(k) Plan
Source: https://planprovider.pro/companies/advanced-composites-inc-401k-plan-001-3560

> Advanced Composites, INC.'s 401(k) plan: 87 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Advanced Composites, INC.

- **Sponsor EIN:** 272413560

- **Sponsor Address:** 3030 WEST DIRECTORS ROW, SALT LAKE CITY, UT, 84104

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

- **Total Participants:** 87

- **Total Assets:** $7.9M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **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|87|$7.9M|$263,164|$254,984|

| 2023|78|$6.8M|$254,674|$227,449|

| 2022|46|$5.5M|$210,461|$228,259|

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