# Electro-Motion, INC. 401(k) Plan
Source: https://planprovider.pro/companies/electro-motion-inc-401k-plan

> Electro-Motion, INC.&#39;s 401(k) plan: 19 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Electro-Motion, INC.

- **Sponsor EIN:** 943070621

- **Sponsor Address:** 4949-B THORNTON AVE, FREMONT, CA, 94536

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

- **Total Participants:** 19

- **Total Assets:** $1.7M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|19|$1.7M|$73,956|$172,233|

| 2023|17|$1.4M|$65,338|$160,429|

| 2022|28|$1.1M|$52,017|$115,820|

| 2020|14|$766,657|$45,198|$102,702|

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