# Broadata Communications, INC. 401(k) Plan
Source: https://planprovider.pro/companies/broadata-communications-inc-401k-plan

> Broadata Communications, INC.'s 401(k) plan: 43 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Broadata Communications, INC.

- **Sponsor EIN:** 954817646

- **Sponsor Address:** 21061 S WESTERN AVE, TORRANCE, CA, 90501

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

- **Total Participants:** 43

- **Total Assets:** $3.7M

## 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|43|$3.7M|$148,475|$295,859|

| 2023|34|$2.8M|$128,014|$278,485|

| 2022|31|$2.0M|$90,615|$210,306|

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