Plan Snapshot
- Plan Sponsor: Avid Technology Professionals, LLC
- Sponsor EIN: 050581091
- Sponsor Address: 5058 EXECUTIVE PARK DRIVE, ELLICOTT CITY, MD, 21043
- Plan Type: 401(k)
- Total Participants: 44
- Total Assets: $15.8M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 44 | $15.8M | $350,219 | $629,408 |
| 2023 | 40 | $14.3M | $428,201 | $603,324 |
| 2022 | 47 | $12.0M | $400,627 | $582,468 |