# Franklin Elevator INC 401(k) Plan
Source: https://planprovider.pro/companies/franklin-elevator-inc-401k-plan

> Franklin Elevator INC's 401(k) plan: 7 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Franklin Elevator INC

- **Sponsor EIN:** 370973412

- **Sponsor Address:** PO BOX 137, FRANKLIN, IL, 626380137

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

- **Total Participants:** 7

- **Total Assets:** $1.9M

## 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|7|$1.9M|$23,517|$26,791|

| 2023|7|$1.5M|$22,318|$24,987|

| 2022|8|$1.3M|$22,026|$21,776|

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