# Hi-Tech Fasteners INC.1 401(k) Plan
Source: https://planprovider.pro/companies/hi-tech-fasteners-inc-1-401k-plan

> Hi-Tech Fasteners INC.1's 401(k) plan: 50 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Hi-Tech Fasteners INC.1

- **Sponsor EIN:** 521551368

- **Sponsor Address:** 4940 WINCHESTER BLVD, FREDERICK, MD, 217037400

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

- **Total Participants:** 50

- **Total Assets:** $8.1M

## 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:** No

## Plan Financials by Year

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

| 2024|50|$8.1M|$163,222|$394,006|

| 2023|48|$6.3M|$146,152|$340,160|

| 2022|42|$5.0M|$143,558|$347,276|

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