# Fotronic Corporation 401(k) Plan
Source: https://planprovider.pro/companies/fotronic-corporation-401k-plan

> Fotronic Corporation's 401(k) plan: 45 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Fotronic Corporation

- **Sponsor EIN:** 043215575

- **Sponsor Address:** 5 COMMONWEALTH AVE,, WOBURN, MA, 01801

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

- **Total Participants:** 45

- **Total Assets:** $6.4M

## 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|45|$6.4M|$86,060|$192,788|

| 2023|43|$4.9M|$86,989|$193,733|

| 2022|45|$3.8M|$75,589|$175,419|

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