# L J Electric Co., INC. 401(k) Plan
Source: https://planprovider.pro/companies/l-j-electric-co-inc-060915470-001

> L J Electric Co., INC.&#39;s 401(k) plan: 10 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** L J Electric Co., INC.

- **Sponsor EIN:** 060915470

- **Sponsor Address:** 201 CHRISTIAN LANE UNIT-G, BERLIN, CT, 06037

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

- **Plan Number:** 001

- **Total Participants:** 10

- **Total Assets:** $1.4M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|10|$1.4M|$18,228|$27,716|

| 2023|12|$1.3M|$148,122|$26,424|

| 2022|10|$906,147|$85,707|$23,180|

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