Plan Snapshot
- Plan Sponsor: Nix Electric Co. INC.
- Sponsor EIN: 751333808
- Sponsor Address: 720 SE LOOP 289, LUBBOCK, TX, 79404
- Plan Type: 401(k)
- Total Participants: 49
- Total Assets: $5.5M
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. |
|---|
| 2025 | 49 | $5.5M | $213,000 | $87,143 |
| 2024 | 49 | $5.5M | $213,000 | $87,143 |
| 2023 | 49 | $4.9M | $213,303 | $82,944 |
| 2022 | 46 | $4.1M | $113,200 | $85,906 |