# Best Practices LLC 401(k) Plan
Source: https://planprovider.pro/companies/best-practices-llc-401k-plan

> Best Practices LLC's 401(k) plan: 10 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Best Practices LLC

- **Sponsor EIN:** 561934481

- **Sponsor Address:** 6350 QUADRANGLE DRIVE STE 200, CHAPEL HILL, NC, 27517

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

- **Total Participants:** 10

- **Total Assets:** $2.2M

## 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|10|$2.2M|$0|$61,068|

| 2023|10|$2.3M|$0|$102,538|

| 2022|12|$2.0M|$0|$105,921|

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