# Galatea Associates, LLC 401(k) Plan
Source: https://planprovider.pro/companies/galatea-associates-llc-401k-plan

> Galatea Associates, LLC's 401(k) plan: 85 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Galatea Associates, LLC

- **Sponsor EIN:** 043337050

- **Sponsor Address:** 20 HOLLAND STREET, SOMERVILLE, MA, 02144

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

- **Total Participants:** 85

- **Total Assets:** $23.2M

## 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|85|$23.2M|$503,028|$1.3M|

| 2023|95|$19.2M|$470,136|$1.2M|

| 2022|78|$14.7M|$304,486|$1.1M|

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