# Orbit Motors, INC. 401(k) Plan
Source: https://planprovider.pro/companies/orbit-motors-inc-401k-plan

> Orbit Motors, INC.'s 401(k) plan: 19 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Orbit Motors, INC.

- **Sponsor EIN:** 834437414

- **Sponsor Address:** 16908 FILLY LANE, ODESSA, FL, 335561830

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

- **Total Participants:** 19

- **Total Assets:** $1.1M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **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|19|$1.1M|$6,421|$9,166|

| 2023|15|$1.0M|$2,834|$4,340|

| 2022|6|$925,377|$1,452|$2,408|

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