# Schanti Corp 401(k) Plan
Source: https://planprovider.pro/companies/schanti-corp-401k-plan

> Schanti Corp's 401(k) plan: 5 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Schanti Corp

- **Sponsor EIN:** 831110742

- **Sponsor Address:** 5990 HALEY WAY, FRISCO, TX, 75034

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

- **Total Participants:** 5

- **Total Assets:** $2.2M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|5|$2.2M|$10,198|$23,000|

| 2023|6|$1.8M|$7,559|$22,500|

| 2022|5|$1.5M|$0|$20,500|

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