# Lectrodryer Management, INC. 401(k) Plan
Source: https://planprovider.pro/companies/lectrodryer-management-inc-401k-plan

> Lectrodryer Management, INC.'s 401(k) plan: 60 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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