# Locance, INC. 401(k) Plan
Source: https://planprovider.pro/companies/locance-inc-401k-plan

> Locance, INC.'s 401(k) plan: 5 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Locance, INC.

- **Sponsor EIN:** 883145010

- **Sponsor Address:** 7668 EL CAMINO REAL, CARLSBAD, CA, 92009

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

- **Total Participants:** 5

- **Total Assets:** $3.6M

## 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|5|$3.6M|$40,305|$91,895|

| 2023|4|$2.8M|$26,636|$83,150|

| 2022|3|$2.2M|$0|$66,325|

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