Plan Snapshot
- Plan Sponsor: Promise Technology, INC.
- Sponsor EIN: 770203685
- Sponsor Address: 580 COTTONWOOD DRIVE, MILPITAS, CA, 95035
- Plan Type: 401(k)
- Total Participants: 11
- Total Assets: $9.3M
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 | 11 | $9.3M | $0 | $51,870 |
| 2023 | 11 | $8.6M | $0 | $48,663 |
| 2022 | 11 | $8.0M | $0 | $52,271 |