# Nix Electric Co. INC. 401(k) Plan
Source: https://planprovider.pro/companies/nix-electric-co-inc-751333808-001

> Nix Electric Co. INC.'s 401(k) plan: 49 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Nix Electric Co. INC.

- **Sponsor EIN:** 751333808

- **Sponsor Address:** 720 SE LOOP 289, LUBBOCK, TX, 79404

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

- **Plan Number:** 001

- **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.|

| 2024|49|$5.5M|$213,000|$87,143|

| 2023|49|$4.9M|$213,303|$82,944|

| 2022|46|$4.1M|$113,200|$85,906|

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