# Connect Biopharma 401(k) Plan
Source: https://planprovider.pro/companies/connect-biopharm-llc-plan

> Connect Biopharma's 401(k) plan: 24 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Connect Biopharma

- **Sponsor EIN:** 454564443

- **Sponsor Address:** 3580 CARMEL MOUNTAIN ROAD, SAN DIEGO, CA, 92130

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

- **Total Participants:** 24

- **Total Assets:** $2.3M

## 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|24|$2.3M|$267,158|$431,262|

| 2023|31|$1.6M|$193,220|$390,831|

| 2022|34|$733,662|$91,133|$447,239|

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