# Thorp Controls Automation Solutions 401(k) Plan
Source: https://planprovider.pro/companies/barr-thorp-electric-company-inc-401k-plan

> Thorp Controls Automation Solutions's 401(k) plan: 89 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Thorp Controls Automation Solutions

- **Sponsor EIN:** 440617071

- **Sponsor Address:** 9245 WEST 53RD STREET, MERRIAM, KS, 66203

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

- **Total Participants:** 89

- **Total Assets:** $16.3M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|89|$16.3M|$399,523|$614,355|

| 2023|71|$15.1M|$425,566|$677,719|

| 2022|65|$12.7M|$365,807|$582,201|

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