# Park & Velayos, LLP 401(k) Plan
Source: https://planprovider.pro/companies/park-velayos-llp-401k-plan

> Park & Velayos, LLP's 401(k) plan: 8 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Park & Velayos, LLP

- **Sponsor EIN:** 412230842

- **Sponsor Address:** 801 SOUTH FIGUEROA STREET, LOS ANGELES, CA, 90017

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

- **Total Participants:** 8

- **Total Assets:** $4.6M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **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|8|$4.6M|$162,754|$134,950|

| 2023|9|$3.6M|$153,831|$154,463|

| 2022|9|$2.6M|$135,321|$96,170|

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