# Klassen Corporation 401(k) Plan
Source: https://planprovider.pro/companies/klassen-corporation-401k-plan

> Klassen Corporation&#39;s 401(k) plan: 46 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Klassen Corporation

- **Sponsor EIN:** 953137506

- **Sponsor Address:** 2021 WESTWIND DRIVE, BAKERSFIELD, CA, 93301

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

- **Total Participants:** 46

- **Total Assets:** $3.9M

## 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|46|$3.9M|$0|$200,764|

| 2023|67|$4.6M|$778|$245,193|

| 2022|73|$3.9M|$0|$263,371|

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