# Promevo, LLC 401(k) Plan
Source: https://planprovider.pro/companies/promevo-llc-401k-plan

> Promevo, LLC&#39;s 401(k) plan: 54 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Promevo, LLC

- **Sponsor EIN:** 311760199

- **Sponsor Address:** 1032 MADISON AVE STE 109, COVINGTON, KY, 41011

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

- **Total Participants:** 54

- **Total Assets:** $2.6M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|54|$2.6M|$239,794|$463,734|

| 2023|51|$1.8M|$252,466|$502,330|

| 2022|58|$1.2M|$170,131|$290,504|

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