Plan Snapshot
- Plan Sponsor: Memsic, INC.
- Sponsor EIN: 043457049
- Sponsor Address: 2560 N 1ST STREET,, SAN JOSE, CA, 95131
- Plan Type: 401(k)
- Total Participants: 10
- Total Assets: $2.1M
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 | 10 | $2.1M | $84,364 | $217,575 |
| 2023 | 17 | $1.5M | $95,528 | $277,615 |
| 2022 | 16 | $787,458 | $87,690 | $259,783 |