# Electric Light Company, INC. 401(k) Plan
Source: https://planprovider.pro/companies/electric-light-company-inc-401k-plan

> Electric Light Company, INC.'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:** 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|

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