# Sakonnet Associates, LLC 401(k) Plan
Source: https://planprovider.pro/companies/sakonnet-associates-llc-plan

> Sakonnet Associates, LLC's 401(k) plan: 3 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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