Plan Snapshot
- Plan Sponsor: Ovitas INC.
- Sponsor EIN: 201345798
- Sponsor Address: 131 HARTWELL AVE., SUITE 210, LEXINGTON, MA, 02421
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 16
- Total Assets: $12.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 16 | $12.3M | $87,644 | $314,612 |
| 2023 | 16 | $10.4M | $1,237 | $249,419 |
| 2022 | 15 | $8.2M | $0 | $262,464 |
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