Plan Snapshot
- Plan Sponsor: Alvar, INC.
- Sponsor EIN: 371079629
- Sponsor Address: 112 STATE RD 89, WASHBURN, IL, 61570
- Plan Type: 401(k)
- Total Participants: 48
- Total Assets: $2.6M
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 | 48 | $2.6M | $55,515 | $187,813 |
| 2023 | 42 | $2.1M | $0 | $22,341 |
| 2022 | 28 | $1.7M | $0 | $145,305 |