# Befco Engineering INC 401(k) Plan
Source: https://planprovider.pro/companies/befco-engineering-inc-401k-plan

> Befco Engineering INC&#39;s 401(k) plan: 12 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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