# Draper Knitting Company, INC. 401(k) Plan
Source: https://planprovider.pro/companies/draper-knitting-company-inc-401k-plan

> Draper Knitting Company, INC.'s 401(k) plan: 27 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Draper Knitting Company, INC.

- **Sponsor EIN:** 042847490

- **Sponsor Address:** 28 DRAPER LN, CANTON, MA, 02021

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

- **Total Participants:** 27

- **Total Assets:** $5.5M

## 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|27|$5.5M|$21,360|$83,633|

| 2023|30|$5.1M|$31,139|$80,370|

| 2022|29|$4.3M|$0|$96,011|

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