Plan Snapshot
- Plan Sponsor: Befco Engineering INC
- Sponsor EIN: 742211855
- Sponsor Address: PO BOX 615, LA GRANGE, TX, 78945
- Plan Type: 401(k)
- Total Participants: 12
- Total Assets: $8.2M
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 | 12 | $8.2M | $159,587 | $194,537 |
| 2023 | 12 | $7.0M | $190,974 | $198,572 |
| 2022 | 14 | $5.6M | $166,234 | $180,887 |