# Nichols Construction 401(k) Plan
Source: https://planprovider.pro/companies/nichols-construction-401k-plan

> Nichols Construction&#39;s 401(k) plan: 50 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Nichols Construction

- **Sponsor EIN:** 454633111

- **Sponsor Address:** 100 THATCHER STREET, BANGOR, ME, 04401

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

- **Total Participants:** 50

- **Total Assets:** $810,986

## 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:** No

## Plan Financials by Year

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

| 2024|50|$810,986|$32,336|$50,004|

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