# Richtek Usa INC. 401(k) Plan
Source: https://planprovider.pro/companies/richtek-usa-inc-401k-plan

> Richtek Usa INC.'s 401(k) plan: 51 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Richtek Usa INC.

- **Sponsor EIN:** 562443497

- **Sponsor Address:** 2840 JUNCTION AVE, SAN JOSE, CA, 95134

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

- **Total Participants:** 51

- **Total Assets:** $5.2M

## 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|51|$5.2M|$487,813|$1.0M|

| 2023|55|$4.5M|$455,620|$856,559|

| 2022|43|$2.5M|$210,551|$422,564|

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