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

> Jem Electronics, INC.'s 401(k) plan: 78 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

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

- **Sponsor EIN:** 043246201

- **Sponsor Address:** 23 NATIONAL DRIVE, FRANKLIN, MA, 02038

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

- **Total Participants:** 78

- **Total Assets:** $4.5M

## 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|78|$4.5M|$101,810|$306,306|

| 2023|82|$3.8M|$114,733|$388,405|

| 2022|65|$2.9M|$90,955|$253,605|

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