# Kinetik It INC 401(k) Plan
Source: https://planprovider.pro/companies/kinetik-it-inc-401k-plan

> Kinetik It INC's 401(k) plan: 8 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Kinetik It INC

- **Sponsor EIN:** 860684020

- **Sponsor Address:** 3136 N 3RD AVE, PHOENIX, AZ, 85013

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

- **Total Participants:** 8

- **Total Assets:** $1.8M

## 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|8|$1.8M|$29,455|$8,998|

| 2023|7|$1.5M|$19,066|$1,630|

| 2022|6|$1.2M|$18,040|$0|

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