# Petrotel INC. 401(k) Plan
Source: https://planprovider.pro/companies/petrotel-inc-401k-plan

> Petrotel INC.'s 401(k) plan: 28 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Petrotel INC.

- **Sponsor EIN:** 752887548

- **Sponsor Address:** 5700 TENNYSON PKWY STE 500, PLANO, TX, 75024

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

- **Total Participants:** 28

- **Total Assets:** $22.2M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **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|28|$22.2M|$164,990|$409,466|

| 2023|26|$17.9M|$187,454|$469,610|

| 2022|26|$13.8M|$205,034|$461,098|

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