# Algara Corporation 401(k) Plan
Source: https://planprovider.pro/companies/algara-corporation-401k-plan

> Algara Corporation's 401(k) plan: 2 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Algara Corporation

- **Sponsor EIN:** 465026016

- **Sponsor Address:** 49 RECTOR PL, BLOOMFIELD, NJ, 070034030

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

- **Total Participants:** 2

- **Total Assets:** $6,918

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|2|$6,918|$0|$0|

| 2023|2|$9,135|$0|$0|

| 2022|2|$7,243|$0|$0|

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