Plan Snapshot
- Plan Sponsor: Lectrodryer Management, INC.
- Sponsor EIN: 611400645
- Sponsor Address: 135 QUALITY DRIVE, RICHMOND, KY, 40475
- Plan Type: 401(k)
- Total Participants: 60
- Total Assets: $6.1M
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 | 60 | $6.1M | $116,846 | $266,170 |
| 2023 | 57 | $6.0M | $102,418 | $239,096 |
| 2022 | 47 | $4.8M | $81,349 | $170,619 |