Plan Snapshot
- Plan Sponsor: Rivers Electrical Corporation
- Sponsor EIN: 043130104
- Sponsor Address: 87 CRESCENT ROAD, NEEDHAM, MA, 02494
- Plan Type: 401(k)
- Total Participants: 74
- Total Assets: $12.7M
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 | 74 | $12.7M | $331,824 | $501,856 |
| 2023 | 67 | $10.2M | $313,511 | $465,463 |
| 2022 | 88 | $7.9M | $305,821 | $480,439 |