# Altova, INC. 401(k) Plan
Source: https://planprovider.pro/companies/altova-inc-401k-plan

> Altova, INC.'s 401(k) plan: 7 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Altova, INC.

- **Sponsor EIN:** 043547372

- **Sponsor Address:** 3 BESSOM ST., MARBLEHEAD, MA, 01945

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

- **Total Participants:** 7

- **Total Assets:** $3.1M

## 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|7|$3.1M|$5,000|$48,687|

| 2023|9|$2.4M|$5,500|$103,194|

| 2022|12|$1.6M|$5,500|$95,301|

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