# Ironwood Electronics, INC. 401(k) Plan
Source: https://planprovider.pro/companies/ironwood-electronics-inc-401k-plan

> Ironwood Electronics, INC.&#39;s 401(k) plan: 47 participants, plan year 2023 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2023.

## Plan Snapshot

- **Plan Sponsor:** Ironwood Electronics, INC.

- **Sponsor EIN:** 474956282

- **Sponsor Address:** 1335 EAGANDALE COURT, EAGAN, MN, 55121

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

- **Total Participants:** 47

- **Total Assets:** $100,363

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

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

| 2023|47|$100,363|$37,587|$79,727|

| 2022|67|$9.2M|$164,772|$409,317|

| 2021|61|$8.8M|$146,722|$336,889|

| 2020|61|$6.6M|$131,088|$307,266|

| 2019|54|$5.7M|$109,098|$221,462|

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