Clipper Industries, INC. 401(k) Plan

Form 5500 filing data for plan year 2024.

Plan Snapshot

  • Plan Sponsor: Clipper Industries, INC.
  • Sponsor EIN: 362122371
  • Sponsor Address: 1520 WEST NORWOOD AVENUE, ITASCA, IL, 60143
  • Plan Type: 401(k)
  • Total Participants: 18
  • Total Assets: $2.0M

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

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
202418$2.0M$27,162$58,947
202318$1.7M$27,441$58,247
202216$1.4M$27,466$45,077

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