# Electric Motor And Repair, INC. 401(k) Plan
Source: https://planprovider.pro/companies/electric-motor-and-repair-inc-401k-plan

> Electric Motor And Repair, INC.&#39;s 401(k) plan: 13 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Electric Motor And Repair, INC.

- **Sponsor EIN:** 570769952

- **Sponsor Address:** 125 HUCKABEE RD, WEST COLUMBIA, SC, 29169

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

- **Total Participants:** 13

- **Total Assets:** $648,456

## 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|13|$648,456|$11,867|$71,649|

| 2023|10|$517,296|$11,263|$67,703|

| 2022|8|$383,810|$10,139|$60,057|

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