# Ormond Corporation 401(k) Plan
Source: https://planprovider.pro/companies/ormond-corporation-843473437-001

> Ormond Corporation's 401(k) plan: 2 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Ormond Corporation

- **Sponsor EIN:** 843473437

- **Sponsor Address:** 1450 KOLL CIR, UNIT 108, SAN JOSE, CA, 95112

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

- **Plan Number:** 001

- **Total Participants:** 2

- **Total Assets:** $1.2M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **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|2|$1.2M|$0|$0|

| 2023|2|$1.6M|$0|$0|

| 2022|2|$1.1M|$0|$0|

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