# Newborn Brothers Company, INC. 401(k) Plan
Source: https://planprovider.pro/companies/newborn-brothers-company-inc-401k-plan

> Newborn Brothers Company, INC.'s 401(k) plan: 17 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Newborn Brothers Company, INC.

- **Sponsor EIN:** 540977541

- **Sponsor Address:** 8221 D PRESTON COURT, JESSUP, MD, 20794

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

- **Total Participants:** 17

- **Total Assets:** $3.1M

## 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|17|$3.1M|$68,043|$73,958|

| 2023|13|$3.6M|$81,758|$95,086|

| 2022|13|$3.0M|$32,358|$94,366|

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