Plan Snapshot
- Plan Sponsor: Electric Light Company, INC.
- Sponsor EIN: 010407225
- Sponsor Address: 1 MORGAN WAY, CAPE NEDDICK, ME, 03902
- Plan Type: 401(k)
- Total Participants: 24
- Total Assets: $3.9M
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 | $3.9M | $198,990 | $96,894 |
| 2023 | 19 | $3.3M | $237,419 | $81,457 |
| 2022 | 14 | $2.7M | $189,607 | $65,681 |