# Loftis &amp; Wetzel Corporation 401(k) Plan
Source: https://planprovider.pro/companies/loftis-wetzel-corporation-401k-plan

> Loftis &amp; Wetzel Corporation&#39;s 401(k) plan: 50 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Loftis & Wetzel Corporation

- **Sponsor EIN:** 043706424

- **Sponsor Address:** 115 WEST BLACKWELL AVENUE, BLACKWELL, OK, 74631

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

- **Total Participants:** 50

- **Total Assets:** $5.2M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **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|50|$5.2M|$73,811|$200,154|

| 2023|35|$4.4M|$70,675|$178,883|

| 2022|34|$4.4M|$70,972|$181,970|

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