Plan Snapshot
- Plan Sponsor: Electrolock, INC.
- Sponsor EIN: 340818807
- Sponsor Address: 17930 GREAT LAKES PARKWAY, HIRAM, OH, 44234
- Plan Type: 401(k)
- Total Participants: 51
- Total Assets: $15.6M
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 | 51 | $15.6M | $190,005 | $418,814 |
| 2023 | 44 | $13.4M | $204,721 | $432,085 |
| 2022 | 40 | $10.8M | $200,988 | $407,120 |