# Locus Technologies 401(k) Plan
Source: https://planprovider.pro/companies/locus-technologies-401k-plan

> Locus Technologies&#39;s 401(k) plan: 57 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Locus Technologies

- **Sponsor EIN:** 943270122

- **Sponsor Address:** 299 FAIRCHILD DR, MOUNTAIN VIEW, CA, 94043

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

- **Total Participants:** 57

- **Total Assets:** $12.7M

## 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|57|$12.7M|$233,241|$657,975|

| 2023|47|$10.3M|$316,994|$461,279|

| 2022|49|$8.5M|$177,757|$395,784|

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