# Danem, INC. 401(k) Plan
Source: https://planprovider.pro/companies/danem-inc-461654770-001

> Danem, INC.'s 401(k) plan: 2 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Danem, INC.

- **Sponsor EIN:** 461654770

- **Sponsor Address:** 508 CRUSE RD., SALISBURY, NC, 28146

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

- **Plan Number:** 001

- **Total Participants:** 2

- **Total Assets:** $114,371

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|2|$114,371|$1,506|$1,890|

| 2023|3|$112,557|$1,417|$1,600|

| 2022|2|$109,122|$973|$1,040|

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