# Mador Electric INC 401(k) Plan
Source: https://planprovider.pro/companies/mador-electric-inc-401k-plan

> Mador Electric INC's 401(k) plan: 2 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Mador Electric INC

- **Sponsor EIN:** 822746720

- **Sponsor Address:** 55 ALANNA LN, BURRILLVILLE, RI, 028301774

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

- **Total Participants:** 2

- **Total Assets:** $56,804

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|2|$56,804|$1,266|$1,860|

| 2023|2|$46,293|$2,530|$1,912|

| 2022|2|$33,997|$3,805|$4,156|

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