# Montague-Betts Company 401(k) Plan
Source: https://planprovider.pro/companies/montague-betts-company-401k-plan

> Montague-Betts Company's 401(k) plan: 1 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Montague-Betts Company

- **Sponsor EIN:** 540600930

- **Sponsor Address:** P.O. BOX 11929, LYNCHBURG, VA, 24506

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

- **Total Participants:** 1

- **Total Assets:** $3.4M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

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

| 2024|1|$3.4M|$28,020|$48,480|

| 2023|1|$3.1M|$28,131|$45,369|

| 2022|1|$2.8M|$27,089|$27,000|

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