# Lantern Financial Corporation 401(k) Plan
Source: https://planprovider.pro/companies/lantern-financial-corporation-954427861-003

> Lantern Financial Corporation's 401(k) plan: 6 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Lantern Financial Corporation

- **Sponsor EIN:** 954427861

- **Sponsor Address:** 13701 RIVERSIDE DRIVE, SUITE 304, SHERMAN OAKS, CA, 914232447

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

- **Plan Number:** 003

- **Total Participants:** 6

- **Total Assets:** $1.5M

## 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|6|$1.5M|$21,305|$45,797|

| 2023|5|$1.4M|$21,116|$55,430|

| 2022|6|$1.3M|$22,527|$63,935|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/lantern-financial-corporation-954427861-003)

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