# Canal Generating LLC 401(k) Plan
Source: https://planprovider.pro/companies/canal-generating-llc-401k-plan

> Canal Generating LLC's 401(k) plan: 61 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Canal Generating LLC

- **Sponsor EIN:** 843103542

- **Sponsor Address:** 1000 MAIN ST, HOUSTON, TX, 77002

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

- **Total Participants:** 61

- **Total Assets:** $15.8M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **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|61|$15.8M|$679,445|$925,757|

| 2023|58|$11.8M|$735,004|$930,734|

| 2022|55|$8.7M|$640,618|$708,314|

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