Plan Snapshot
- Plan Sponsor: Lower Electric, LLC
- Sponsor EIN: 364413633
- Sponsor Address: 1307 SHERMER ROAD, NORTHBROOK, IL, 60062
- Plan Type: 401(k)
- Total Participants: 14
- Total Assets: $9.0M
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 | 14 | $9.0M | $19,916 | $93,827 |
| 2023 | 14 | $7.5M | $114,519 | $99,765 |
| 2022 | 13 | $6.3M | $122,280 | $100,018 |