Plan Snapshot
- Plan Sponsor: Sakonnet Associates, LLC
- Sponsor EIN: 261109554
- Sponsor Address: 6 MOORINGS WAY, LITTLE COMPTON, RI, 02837
- Plan Type: 401(k)
- Total Participants: 3
- Total Assets: $544,290
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 3 | $544,290 | $14,222 | $68,034 |
| 2023 | 5 | $401,132 | $59,562 | $63,795 |
| 2022 | 5 | $313,609 | $60,911 | $49,000 |