# Radec Electric Corporation 401(k) Plan
Source: https://planprovider.pro/companies/radec-electric-corporation-401k-plan

> Radec Electric Corporation's 401(k) plan: 110 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Radec Electric Corporation

- **Sponsor EIN:** 161006601

- **Sponsor Address:** 100 ROCKWOOD STREET, ROCHESTER, NY, 14610

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

- **Total Participants:** 110

- **Total Assets:** $13.5M

## 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|110|$13.5M|$323,362|$869,015|

| 2023|99|$12.1M|$292,085|$761,732|

| 2022|89|$10.0M|$283,988|$719,456|

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