Plan Snapshot
- Plan Sponsor: Profex, INC.
- Sponsor EIN: 141744228
- Sponsor Address: 264 NORTH PLANK ROAD, NEWBURGH, NY, 12550
- Plan Type: 401(k)
- Total Participants: 15
- Total Assets: $4.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 15 | $4.5M | $39,459 | $171,336 |
| 2023 | 13 | $3.9M | $35,271 | $153,022 |
| 2022 | 14 | $3.3M | $36,779 | $151,832 |