Plan Snapshot
- Plan Sponsor: Karas & Karas Glass Company, INC.
- Sponsor EIN: 041493810
- Sponsor Address: KARAS AND KARAS GLASS CO., INC., SO. BOSTON, MA, 02127
- Plan Type: 401(k)
- Total Participants: 34
- Total Assets: $19.5M
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 | 34 | $19.5M | $400,000 | $476,710 |
| 2023 | 43 | $21.7M | $500,000 | $560,027 |
| 2022 | 43 | $18.6M | $500,000 | $598,890 |