# Industrial Kinetics INC. 401(k) Plan
Source: https://planprovider.pro/companies/industrial-kinetics-inc-401k-plan

> Industrial Kinetics INC.&#39;s 401(k) plan: 41 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Industrial Kinetics INC.

- **Sponsor EIN:** 362669468

- **Sponsor Address:** 2535 CURTISS STREET, DOWNERS GROVE, IL, 605154059

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

- **Total Participants:** 41

- **Total Assets:** $9.4M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|41|$9.4M|$34,778|$271,999|

| 2023|41|$8.2M|$29,708|$261,313|

| 2022|42|$6.4M|$32,909|$257,125|

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