# Douglas Electrical Components, INC. 401(k) Plan
Source: https://planprovider.pro/companies/douglas-electrical-components-inc-401k-plan

> Douglas Electrical Components, INC.'s 401(k) plan: 137 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Douglas Electrical Components, INC.

- **Sponsor EIN:** 221433925

- **Sponsor Address:** 5 MIDDLEBURY BLVD, RANDOLPH, NJ, 07869

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

- **Total Participants:** 137

- **Total Assets:** $6.7M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|137|$6.7M|$192,274|$488,137|

| 2023|74|$6.7M|$234,080|$384,432|

| 2022|70|$5.6M|$215,553|$365,114|

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