# Red Bank Volvo, INC. 401(k) Plan
Source: https://planprovider.pro/companies/red-bank-volvo-inc-401k-plan

> Red Bank Volvo, INC.'s 401(k) plan: 28 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Red Bank Volvo, INC.

- **Sponsor EIN:** 210696330

- **Sponsor Address:** 100 EAST NEWMAN SPRINGS ROAD, RED BANK, NJ, 07701

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

- **Total Participants:** 28

- **Total Assets:** $3.5M

## 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|28|$3.5M|$23,530|$121,843|

| 2023|32|$3.2M|$23,781|$136,278|

| 2022|26|$2.6M|$22,344|$128,116|

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