# Bio-Med Associates, INC. 401(k) Plan
Source: https://planprovider.pro/companies/bio-med-associates-inc-plan

> Bio-Med Associates, INC.'s 401(k) plan: 21 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Bio-Med Associates, INC.

- **Sponsor EIN:** 222572117

- **Sponsor Address:** 4 MAIN STREET, FLEMINGTON, NJ, 08822

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

- **Total Participants:** 21

- **Total Assets:** $7.0M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **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|21|$7.0M|$3,540|$339,329|

| 2023|21|$6.3M|$0|$325,427|

| 2022|16|$5.3M|$0|$267,353|

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