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

> Mason Electric, INC.'s 401(k) plan: 12 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Mason Electric, INC.

- **Sponsor EIN:** 203430327

- **Sponsor Address:** 3182 WEST 1500 NORTH, CLINTON, UT, 84015

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

- **Total Participants:** 12

- **Total Assets:** $1.1M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|12|$1.1M|$53,927|$65,775|

| 2023|11|$962,835|$45,118|$60,187|

| 2022|8|$726,712|$40,789|$58,390|

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