# Alliance Electric, INC. 401(k) Plan
Source: https://planprovider.pro/companies/alliance-electric-inc-401k-plan

> Alliance Electric, INC.'s 401(k) plan: 55 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Alliance Electric, INC.

- **Sponsor EIN:** 522303992

- **Sponsor Address:** 1003 S CHAPEL ST, NEWARK, DE, 197021357

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

- **Total Participants:** 55

- **Total Assets:** $3.0M

## 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.|

| 2024|55|$3.0M|$26,461|$55,209|

| 2023|10|$2.6M|$24,316|$62,198|

| 2022|11|$2.2M|$22,562|$59,173|

## Similar Plans

- [Nickle Electrical Companies](https://planprovider.pro/companies/nickle-electrical-companies-401k-plan) — 196 participants

- [Hatzel & Buehler, INC.](https://planprovider.pro/companies/hatzel-buehler-inc-401k-plan) — 371 participants

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