# Reco, INC. 401(k) Plan
Source: https://planprovider.pro/companies/reco-inc-401k-plan

> Reco, INC.&#39;s 401(k) plan: 50 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Reco, INC.

- **Sponsor EIN:** 411333793

- **Sponsor Address:** 6667 KEATS AVENUE, STILLWATER, MN, 550824506

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

- **Total Participants:** 50

- **Total Assets:** $2.0M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|50|$2.0M|$21,802|$47,454|

| 2023|51|$1.7M|$18,348|$42,940|

| 2022|37|$1.5M|$14,948|$37,274|

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