Plan Snapshot
- Plan Sponsor: Anderson Electric, INC.
- Sponsor EIN: 370690803
- Sponsor Address: 3501 6TH ST. FRONTAGE RD W., SPRINGFIELD, IL, 62703
- Plan Type: 401(k)
- Total Participants: 23
- Total Assets: $2.8M
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 | 23 | $2.8M | $0 | $227,498 |
| 2023 | 20 | $2.6M | $0 | $182,355 |
| 2022 | 20 | $2.4M | $0 | $192,863 |